TMBA 357: A Review of Snowball, a Biography Of Warren Buffett

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Recently, Dan and Ian decided to find out a little more about someone who is a legend in the world of business and investing.

For a very long time, Warren Buffett was the richest person in the world. And, as part of their research, Dan and Ian recently read Alice Schroeder’s fantastic biography of Warren Buffett titled “The Snowball”.

They felt that they learnt so much from both the book, and from the principles that Warren Buffett applies in his life and business, that they decided to dedicate an episode to his story.

Transcript

Listen to this week’s show and learn:

  • Warren Buffett’s description of finding success. (2:10)
  • Why Buffett believed in making meaningful investments in companies rather than just buying stock. (3:14)
  • The difference between keeping an “Inner Scorecard” and an “Outer Scorecard”. (6:10)
  • Warren Buffet’s views on partnerships. (9:47)
  • The importance of being hyper-focused on what you are good at. (14:31)

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Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian

Published on 10.06.16

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