The Snowball: Warren Buffett and the Business of Life
Three aspects of this Warren Buffett biography stood out:
- Buffett publicly acknowledges his own good fortune (saying he “won the ovarian lottery” by being born to a wealthy American family).
- His intense focus; everything other than business is a distraction to him, for better or worse.
- His advice to be a passive, low-cost investor. Buffett famously told his wife to invest in S&P index funds after his death. Considering the duration of his career, Buffett himself is not even a particularly active investor.