Tuesday, September 30, 2008

Buffett’s first and last biography

For a tribe that calls itself ‘Value Investors’, this is nothing but an investing world equivalent of ‘Harry Potter’. Infact, on second thoughts, this could be even bigger because while the wand wielding child wizard had more than a few tomes dedicated to his histrionics, this is probably the first and the last authorized biography of arguably the biggest financial wizard of our times.

We are referring to one Mr. Warren Buffett and his first authorised biography (The Snowball: Warren Buffett and the Business of Life) that hit the stands yesterday. And like with most of his other endeavors, especially of the investing types, the timing could not have been more impeccable here as well. With the US financial industry roiled in one of the worst crises in decades and with reputation of quite a few firms in complete tatters, the book about a man whose investment techniques are widely believed to be the gold standard has indeed come as a breath of fresh air.

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