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The Snowball_ Warren Buffett and the Business of Life - Alice Schroeder [593]

By Root 3376 0
Puts Buffett in Spotlight,” New York Times, March 28, 2005; Timothy L. O’Brien and Joseph B. Treaster, “The Insurance Scandal Shakes Main Street,” New York Times, April 17, 2005; Marisa Taylor, “U.S. Dropped Enron-Like Fraud Probe,” McClatchy Newspapers, July 23, 2007; Scott Horton, “Corporate Corruption and the Bush Justice Department,” Harper’s Magazine, July 24, 2007.

A Personal Note About Research

To write The Snowball, I spent more than five years interviewing Warren Buffett, both in person and on the phone. For weeks on end I sat in his office or traveled with him observing him work. Some of my most valuable insights came from my own experiences with him. I also interviewed his family, friends, former classmates, business associates, and others—250 people in all. Some of these interviews continued for days and I interviewed many people several times.

Warren gave me virtually unlimited time, and let me roam with surprising freedom among the files and correspondence in his exhaustive collection; it was especially fortunate that he and many of his friends and family members were letter-writers. Berkshire Hathaway’s files contained material that helped establish a timeline and flesh out details. I also relied on my own growing understanding of Warren, and at times on my direct knowledge of events. Certain disagreements among sources are aired in the endnotes.

Quotes appear throughout the book to illuminate the narrative. Most quotes are from recorded interviews, and have been edited only for clarity and length. Sources were cited unless the interviewee asked not to be named.

During their interviews, many people recalled remarks from past conversations. Sometimes the events they were describing had taken place decades earlier. It would be naive to assume that all of these quotes are verbatim recollections of every word spoken. Nevertheless, I found them very helpful in conveying the substance of an incident or conversation. Their sources can be found in the endnotes.

In the end, my own extensive experience with Warren and the thousands of jigsaw puzzle pieces given me by so many sources came together in this portrait of a fascinating and deeply complex man.

Photo Credits and Permissions:

Alpha Sigma Phi Fraternity National Archives:Image 22

Bryson Photo: Image 65 © 2007, Bryson Photo

Buffalo News: Part 3 and Part 4, Image 36, Image 75

Doris Buffett: Image 5, Image 7, Image 84

Howard Buffett: Image 80

Susie Buffett Jr.: Image 1, Image 6, Image 3, Image 9, Image 13 Image 15, Image 17, Image 23, Image 28, Image 29, Image 33, Image 34, Image 38, Image 39, and Image 41, Image 64, Image 88

Warren Buffett: Image 8, Image 2, and Image 4, Image 10, Image 11, Image 14, Image 16, Image 19, Image 25, and Image 26, Image 30, Image 40, Image 43, Image 45, Image 46, Image 49, Image 55, Image 58, Image 63, Image 90

Capp Enterprises, Inc.: Image 18: © Capp Enterprises, Inc. Used by permission

C. Taylor Crothers: Image 91

Lauren Esposito: Image 92

Katharine Graham Collection: Image 42

Greater Omaha Chamber of Commerce: Image 72: Greater Omaha Chamber of Commerce and A Better Exposure; the Chamber Annual Meeting on Feb. 20, 2004

Lynette Huffman Johnson: Image 67

Arthur K. Langlie: Image 52

Magic Photography, Sun Valley: Part 5, Image 59, Image 62

Jack L. Mayfield: Image 77: Photo by Jack L. Mayfield

Munger family: Image 35, Image 76: courtesy of the Munger family

Charles Munger Jr.: Image 50

Museum of American Finance/Graham-Newman Collection: Image 31

The Nebraska Society of Washington, D.C.: Image 27

Omaha World-Herald: Part 1, Image 44, Image 47, Image 60: Reprinted with permission from The Omaha World-Herald

Sharon Osberg: Part 6, Image 51, Image 53, Image 81, Image 82, Image 83, Image 87

REUTERS/Peter MacDiarmid: Image 85

Ruane, Lili: Image 56

Stark Center for Physical Culture and Sports: Image 24: The image of Pudgy Stockton on the cover of Strength and Health magazine was provided by the Stark Center for Physical Culture and Sports at the University of Texas in Austin—where the Pudgy and

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