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The snowball: warren buffett and the business of life by alice schroeder was written after several biographers, journalists and publishers approached warren buffett and were turned down by him to write an account of his life. Schroeder quit her six years job as a wall street analyst to work full time on the book the snowball: warren buffett and the business of life and interviewed his associates, friends and family. Warren advised her to always choose the less flattering account if she were ever faced with a dilemma that presented two accounts of the same situation. Schroeder quit her job in morgan stanley in 2003 to work full time on buffett's biography and travelled to omaha to live there and do the same. She spent over 200 hours poring over buffett's personal files, documents, accounts, diaries, etc. It was selected as amazon.com's most interesting business and investing book in 2008. Buffett has been known to live a life of frugal means despite amassing enormous wealth and firmly b
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