Buffett: The Making of an American Capitalist

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Description

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. The improbable landmark portrait of Warren Buffett’s uniquely American life is now to be had in paperback, revised and up to date by the creator.

Starting from scratch, simply by picking stocks and companies for investment, Warren Buffett amassed one of the vital 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 way of life, a phenomenally successful investor who eschews the revolving-door trading of modern Wall Street, a brilliant dealmaker who cultivates a homespun aura.

Journalist Roger Lowenstein draws on three years of unprecedented access to Buffett’s family, friends, and colleagues to give you the first definitive, inside account of the life and career of this American original. Buffett  explains Buffett’s’ investment strategy–a long-term philosophy grounded in buying stock in companies that are undervalued in the marketplace and hanging on until their worth invariably surfaces–and shows how this can be a reflection of his inner self.
Starting from scratch, simply by picking stocks and companies for investment, Warren Buffett amassed one of the vital epochal fortunes of the 20th century — an astounding net worth of $10 billion and counting. That awesome record has made him a cult figure.

This illuminating biography reveals a man whose conscientiousness, integrity, and good humor exist alongside an bizarre emotional isolation. Buffett also masterfully traces his life: his enormously successful partnership; his early, inspired investments in American Express and Geico; his companionship and investment with Katharine Graham of the Washington Post; his role in the Capital Cities purchase of ABC; his unique relationship with his wife and mistress; and his rescue of the scandal-ridden Salomon Brothers.

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