Why this book?
Roger Lowenstein is an outstanding journalist who co-authored another one of my favorite investment books, When Genius Failed: The Rise of Fall of Long-Term Capital Management.
Lowenstein authored one of the earlier Buffett biographies. Meticulously researched, I learned much about the young Buffett and his early forays in business. The book discusses some insightful and hilarious stories. For example, Lowenstein notes that one of Buffett’s all-time favorite managers, Tom Murphy of Capital Cities, painted only the front of his corporate headquarters to save money. A fun and insightful read.
Buffett: The Making of an American Capitalist
Why should I read it?
2 authors picked Buffett as one of their favorite books, and they share why you should read it.
What is this book about?
Since its hardcover publication in August of 1995, Buffett has appeared on the Wall Street Journal, New York Times, San Francisco Chronicle, Los Angeles Times, Seattle Times, Newsday and Business Week bestseller lists.
Starting from scratch, simply by picking stocks and companies for investment, Warren Buffett amassed one of the epochal fortunes of the twentieth century—an astounding net worth of $10 billion, and counting. His awesome investment record has made him a cult figure popularly known for his seeming contradictions: a billionaire who has a modest lifestyle, a phenomenally successful investor who eschews the revolving-door trading of modern Wall Street,…