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

A view of St. Paul's Cathedral in London

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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.

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)

Mentioned in the episode:

The Dynamite Circle
The DC Podcast
Warren Buffett
The Snowball by Alice Schroeder
Berkshire Hathaway
Berkshire Hathaway Shareholder Letters
Scotttrade
Jeff Bezos
The Intelligent Investor by Benjamin Graham
TaylorPearson.me
Charlie Munger
Marc Cuban

Enjoyed this podcast? Check out these:

TMBA 326: To VC or Not to VC, That is the Question
TMBA 328: How Do You Manage Your Money?
TMBA 334: Here's How We Plan to 'Manage' Our Money

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HAVE COMMENTS ABOUT THE SHOW?

Do you have ideas for things you'd like Dan and Ian to discuss on future episodes?

Our producer Jane would love to hear from you at jane@tropicalmba.com or leave us a voice message using the record button below.

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

Cheers,

Dan & Ian

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