Warren Buffett: On Surviving Global Financial Crisis

Many people are curious to know how the world’s richest man has managed to beat the global financial blues. For this answer one can now turn to a thousand-page official biography of Warren Buffett, The Snowball by Alice Schroeder.

“It is surely the book of the moment, because a history of Warren Buffett is a history of high finance from the 1930s to the present day,” reports The Indpendent.

“Stocks plunge, banks implode, currencies teeter…Amid the wreckage of the world financial system, only one man stands tall. So what’s Warren Buffett’s secret? Sally Ann Lasson finds the answer in his incredible life story.” Read on…

According to Wikipedia: Warren Edward Buffett (born August 30, 1930) is an American investor, businessman, and philanthropist. He is one of the world’s most successful investors and the largest shareholder and CEO of Berkshire Hathaway. He was ranked by Forbes as the richest person in the world during the first half of 2008, with an estimated net worth of $62.0 billion.

Often called the “Oracle of Omaha,” or “the Sage of Omaha”, Buffett is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. More here…