The amazing securities investment analyst Warren Buffett is the focus of this near hagiographic biography that is filled with details about the life of an American capitalist that rivals the likes of Carnegie, Ford, or Morgan. Lowenstein does a remarkable job of telling the financial story of Buffett's rise to securities fame, even if details of Buffett's actual strategies aren't touched upon‘that's another story altogether. The early years show a precocious child adept at numbers in a household with a domineering mother and business-minded father. Buffett's early investments, his famous relationship with Katherine Graham of the Washington Post, his role in the purchase of ABC by Capital Cities, his rescue of the Solomon Brothers, and his unique personal relationship with his wife all make for a highly interesting, fascinating tale that is sure to be a hit in business schools. James Lurie's powerful reading is dead on, evoking the power of this man's singular character. Highly recommended for all libraries.‘Dale Farris, Groves, Tex.
By picking the right stocks and businesses to invest in, plainspoken Nebraskan Warren Buffett became the richest man in the U.S. In this excellent biography, Wall Street Journal reporter Lowenstein details the billionaire stock market wizard's strategy of betting on the long-term growth of a handful of successful companies such as American Express and Berkshire Hathaway. Providing personal glimpses of a very private man, Lowenstein unearths childhood traumas such as the tormenting rages of Buffett's mother and his forced relocation to Washington, D.C., in 1943, where, at 13, he ran away from home (he was found by the police the next day). Buffett's wife, Susan Thompson, a nightclub singer, walked out on him in 1977 and was quickly replaced by his mistress, Latvian-born Astrid Menks. Lowenstein profiles an emotionally guarded, ``strangely stunted'' Midas obsessed with work and secrecy, who seemingly derives little pleasure from his fabulous wealth. Photos not seen by PW. Author tour. (Aug.)
" Only in America. The bonus of this fine, fine biography is that it could turn you into an investor, if you're not one already; or a better one, if you are. Lowenstein has done a great job with a great subject." --Andrew Tobias
" Mr. Lowenstein has done a masterly job." --"The New York Times Book Review"
"Mr. Lowenstein has done a masterly job."--"The New York Times Book Review"