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Buffett: The Making of an American Capitalist
 
 
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Buffett: The Making of an American Capitalist [Paperback]

Roger Lowenstein
4.8 out of 5 stars  See all reviews (6 customer reviews)

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Product details

  • Paperback: 482 pages
  • Publisher: Random House Trade; Reprint edition (29 April 2008)
  • Language English
  • ISBN-10: 0812979273
  • ISBN-13: 978-0812979275
  • Product Dimensions: 14 x 2.8 x 20.8 cm
  • Average Customer Review: 4.8 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Bestsellers Rank: 542,411 in Books (See Top 100 in Books)

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Roger Lowenstein
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Product Description

Product 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 incredible landmark portrait of Warren Buffett's uniquely American life is now available in paperback, revised and updated by the author.

Starting from scratch, simply by picking stocks and companies for investment, Warren Buffett amassed one of the 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 lifestyle, 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 provide 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 on the market and hanging on until their worth invariably surfaces--and shows how it is a reflection of his inner self.

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First Sentence
Almost from the day that Dr. Pollard awakened him to the world, six pounds strong and five weeks early, Warren Buffett had a thirst for numbers. Read the first page
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Customer Reviews

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Most Helpful Customer Reviews
11 of 11 people found the following review helpful
Format:Paperback
While I was reading this book, it struck me as odd that Buffett is still alive and kicking in today's financial market. I've got a strange feeling that I was reading a biography of a great person who died long long ago. Actually, this book is more than a biography of Buffett; it has mirrored vividly one essential part of the American capitalism since WWII. I am really amazed at Roger Lowenstein's Buffett. I am astonished as well to discover that Buffett applies his philosophy not only to his business life but also to his personal life. It's beyond my reach to copy it.

You may from time to time be fed up with the glut of investing books on the market, and I am no exception. Do you want to get hold of the greatest wisdom on investing from a book that makes you feel like reading a novel? If that is the case, this book should be one of your best choices.
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3 of 3 people found the following review helpful
Format:Hardcover
I like this book. It is not about Buffet's investment methodology, but about his life and especially his investment philosophy. By describing both the personal and business life of Buffett, the author tells us a lot about Buffett's way of thinking. I can't tell you if this book is better than other biographies of Buffet, but this one is complete and especially interesting for those who study Buffet's methodology of investing. I think the author is a little bit harsh on contemporary finance theory and it is funny when he accuses Buffett of confusing intrinsic and bookvalue in a certain investment decision in the 60's. However, I hope the author is working on a second edition, because this story ends in 1995 and what happened the last eight years with Berkshire Hathaway, the company of Buffet, is interesting, just as this book.
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2 of 2 people found the following review helpful
Born to be Rich 15 Nov 2009
Format:Paperback
This book is not as detailed about Warren Buffett's life as The Snowball by Alice Schroeder, but it is still an excellent read. From early childhood, Warren learned the value of a dollar by working hard at numerous jobs. He was never a spendthrift, but instead saved as much as possible so that he could invest it long-term. His determination and focus made him what he is today.

Warren Buffett's investment philosophy is just so simple. Just buy excellent companies at reasonable prices and hold them long-term. This philosophy shows readers that they can do it themselves and become successful just like Warren Buffett. I highly recommend this book to anyone interested in investing.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
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