Time is the friend of the wonderful business, the enemy of the mediocre.
Warren Buffett
The Snowball | Alice Schroeder Warren Buffet
The Snowball is a biography of Warren Buffett, the ‘Oracle of Omaha’ and worlds best investor. Schroeder details his humble start in life and his burning desire for investing knowledge even as a child, all the way to his incredible successes with value investing and running Berkshire Hathaway.
Warren Buffett under the mentor ship of Benjamin Graham was able to beat the S&P 500 index in 40 out of 50 years, becoming one of the top third richest people in the world. Buffet provides sage advice: Start early (your already late, so get started now!), and be patient. Buffets attitude and mindset resonates well with the FI/RE crowd, who are able to heed his advice and put the needs of tomorrow over the wants of today.
The Snowball is a fantastic and detailed read, and you are sure to take several lessons out of it over the course of reading.
You can get a copy on Amazon here , listen to it through Audible or buy it from Australia’s local bookstore Booktopia
Captain FI is a Retired Pilot who lives in Adelaide, South Australia. He is passionate about Financial Independence and writes about Personal Finance and his journey to reach FI at 29, allowing him to retire at 30.
