Saturday, January 15, 2011

Warren Buffet Books: The Snowball

This one would have to be one of my all time favourite Warren Buffet Books.

The Title says it all and is a take on the amazing affect of compounding interest, like a snowball collecting snow its grows larger exponentially, much like Warren Buffets investments.

What’s truly amazing about this book is that it is one of the very few books which Warren Buffet actually co-operated with the making of.

Most of the books that cover Warren Buffet’s investing strategies and style are written by authors who have studied Warren Buffet closely.

On the other hand this book was written with Warren Buffet’s full co-operation and endorsement and although it is a little short on specifics it is an excellent book to garner some extremely valuable investment philosophies and serves as an instructive chronicle of financial success .

Although the book is lacking in some specifics on Warren Buffets amazingly successful financial strategies the book does however paint a crystal clear image of how Warren Buffet’s mind works and his attitude and philosophies of the stock market and investing.

The book outlines the perfect psychological frame of mind conducive of highly successful stock market investing and makes a compelling read for any investor or even trader for that matter for mastering one’s inner self and thereby mastering the emotions of big stakes stock market investing.

This is a book about Warren Buffet first and foremost and provide some intriguing insights into one of the worlds most successful businessmen.

Warren Buffett’s humility, frugality and truly lovable sense of humor is wonderfully portrayed as well as Warrens apparent immunity to the drunken power, greed and lust fullness of many top CEO and executives which populate Wall Street.

To get such a detailed insight into a person who is so financially powerful yet so down to earth is an extremely rare thing.

The Snowball in my view would have to be one of the most entertaining and enlightening of all the Warren Buffett Books I have read to date and I’m sure you won’t be disappointed with this read!

For any aspiring investment maverick wishing to step into the mind of one of the most successful investors of our time, The Snowball will not disappoint.

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