Warren Buffett is one of the richest men on earth. As of 2015, he sits as the second richest person right behind Bill Gates. Although Warren Buffett is associated with great power and wealth, he grew up with humble beginnings. Alice Schroeder’s The Snowball - Warren Buffett and the Business of Life details Warren Buffett’s life from his beginnings in Omaha to the founding Berkshire Hathaway. While Buffett has been interviewed and followed for the past decades only two in-depth biographies have been written. One of which is of course Schroeder’s The Snowball. Alice Schroeder attended the University of Texas and earned her Master’s degree in Finance. After the University of Texas, she went on to work as an analyst in Wall Street. The Snowball …show more content…
Starting from his days as a young boy in Omaha you can see his fascination with math and money. This same fascination led to his first business ventures selling chewing gum at the age of 6. As he grew older he created more ways to earn money. From chewing gum to selling using golf balls to managing newspaper routes, Warren started to accumulate money from his entrepreneurial endeavors. After moving to Washington D.C and once he became familiar with town, he started numerous business. From the delivering the Washington Post alone he was making $175 monthly. His aspirations to become a millionaire became a burning desire after reading One Thousands Ways to Make $1000. Warren purchased a 5 cent pinball machine and placed it in a local barbershop. Not long after Warren had a chain of pinball machines in various different barber shops around …show more content…
Benjamins Graham’s The Intelligent Investor had earned Warren’s admiration at a young age. Upon finding out that Graham taught at Columbia University, Warren applied to the Columbia School of Business Master’s program. Benjamin Graham was a Nobel prize winning economist known for his effective analysis of the stock market. Warren was determined to establish a relationship with Graham. Despite his social awkwardness and Graham’s initial hesitation, Graham and Warren did establish a relationship beyond the classroom. Warren Buffett claims that Benjamin Graham is the second most influential person in his father. After graduating, Warren felt ready to take on the world of business. He returned to Omaha and worked as a stockbroker. Feeling confident in his knowledge on investing he began teaching night classes at the University of Nebraska. Soon after getting married and having his first child, he accepted a job at the Newman-Graham