
Buffett
By Roger Lowenstein
The Making of an American Capitalist. Random House Trade Paperback, 2008.
Summary of Buffett book by Roger Lowenstein
An in-depth look at Warren Buffett’s life, career, and the investment strategies that helped him become one of the richest men in the world; based on interviews with his friends, family, and business associates.
Chapters in Buffett book summary
What do you get from this book? Learn how Warren Buffett grew his business and made a fortune
As a pre-teen, warren Buffett ran away from home only to end up enrolling at Columbia university
Ben graham was a major influence over Buffett at Colombia, leading him to his first million
Buffett shocked people by buying failing stocks like Berkshire Hathaway, which he transformed into an investment company after taking ownership
The fight for civil liberties became Buffett’s new passion after he surprised people once more by closing his partnership
Munger and Buffett joined forces in buying the blue chip stamp company but came under investigation for their dealings
Newspapers became a major investment for Buffett but led to him being sued in federal court
Susie left, the textile mill closed, but new love and business brought warren new riches
A merger with ABC boosted Buffett’s reputation that much more, making it difficult to separate his public and private lives
Insurance stocks soared, then plummeted as an impending stock crash arrived on wall street in 1987
After buying Coca-Cola, Buffett became a billionaire, spreading the wealth to his family and those in need
New investments in Nabisco and wells Fargo proved promising, but us air led to Buffett’s first real mistake
When scandal broke out at Salomon, careers were ruined, fines were levied, and Buffett was placed in charge
The nineties saw a merger with Disney, the final purchase of GEICO, and a new marriage for Buffett
Summary of the key insights
Selected critiques in brief
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Buffett — Book Summary Snapshot
Who should read Buffett book
- entrepreneurs
- business owners
- economics professors and students
- stock market enthusiasts
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