The Snowball: Warren Buffett and the Business of Life About Author: Alice Schroeder (born December 14, 1956) is an American author and former insurance analyst. In the first week of October 2008, she published The Snowball, Warren Buffett and the Business of Life, a The New York Times Bestseller List bestseller. As a project manager for the US FASB, she managed SFAS No. 113. Since 2008, Schroeder has worked as a columnist for Bloomberg News. Summary of Book: Warren Buffett is arguably the most successful investor of all time. He has been averaging approximately a 20% growth of his capital per year, which has turned his small fortune of a thousand bucks in the early 1940s, into quite an outstanding one of 86 billion as of 2018. In 2007, he became the richest man in the world for the first time, and lately he's been having a back and forth with the likes of Bill Gates and Jeff Bezos. His complete focus on investing can't be overstated. He always tried to save a buck in or...
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