A student of Benjamin Graham turned teacher to many investment managers in capital allocation. The facts are he is the third richest man in the world but lives a modest and humble life style. Has a net worth of $84.4 billion but only started with $20,000 of his own money.
He really changed my perception on money as something that can grow, not something you work for and spend.

If you're interested in learning more about Warren Buffett and the early days of Berkshire Hathaway, I highly recommend "Buffett: The Making of an American Capitalist" by Roger Lowenstein.

This book offers a detailed and insightful look into the life and business strategies of one of the most successful investors of all time. You'll learn about the unique approach that Buffett took in the early stages of Berkshire Hathaway, including his policy of allowing investors to take their money out only once a year, which helped him to focus on long-term value creation and build a strong and valuable company.

Additionally, you'll gain valuable insights into Buffett's investment philosophy and learn about the strategies he used to achieve success. It's a must-read for anyone who wants to deepen their understanding of business and value creation.

Really enjoyed learning about Warren Buffett through this book. Went into this not really knowing anything about him. The author did a great job conveying who the man is and what he's all about. I enjoyed starting at his childhood and going all the way to today. Learning about his childhood really helped me to see part of why and how he turned out to be the man he is. I know very little about the stock market, investing and the like. But I really enjoyed the stories of companies struggling to hold on and the comparisons of Warren Buffet's Berkshire stocks vs the overall market for the year. The book overall was a great mix of Warren's personal life and his life as an investor.

Not a terribly exciting book. Warren Buffett's pecularities (drinks coke, lives in Omaha, invests "permanantly") makes him a curious phenom but not an exciting subject matter. And by the time you get to 40th sentence in the likes of "in 10 year period, XYZ stock grow by astonishing 2000%) you are definitely not astonished. And no, there are no stock tips in here that you don't know already.

To summarise this book, as correctly described about Buffett in chapter 14 (The Eighties) -
"In the old days he was cigarette butt investor. He looked for value.Then it got hard to find such deals and he became a franchise investor , he bought great businesses at reasonable prices. And then he said, ' I can no longer find good businesses at even acceptable prices, and I will take advantage of my size and teach the world a lesson about long-term investing'. "
This is how Buffett's life has progressed in these 3 phases and this book has described all 3 phases in a detailed manner.

Chapter 17 ( A brief introduction to darts), wherein, drawbacks of Efficient market theory are explained and chapter 18 (Secrets of the Temple), wherein Buffett explains his philosophy about investing - are must read chapters.
Chapter 21 and 22, describe 1990s treasury bond scandal at Salomon Brother's and how Buffett handled it by serving as interim Chairman.

This book has highlighted various qualities of Buffett.
However, his patience - to sit on huge pile of money till he gets suitable opportunity to deploy it - is an astonishing one.

The biography traces Buffett's life from his childhood in Omaha, Nebraska, to his early experiences as an investor, and his eventual rise to becoming the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company. Lowenstein explores the key events, decisions, and influences that shaped Buffett's career, as well as his investment strategies and principles.

Warren Buffett is known for his value investing approach, which involves analyzing and investing in companies that he believes are undervalued by the market. He is also known for his long-term perspective and his emphasis on buying and holding stocks for the long haul. These principles, along with his frugal lifestyle and down-to-earth personality, have made him a legendary figure in the world of finance.

I read this book thanks to Blinkist.

The key message in this book:

With the help of his mentor, Benjamin Graham, Warren Buffett learned the important difference between how much a company is really worth and how much it’s selling for. An aptitude for discerning this difference, combined with a steadfast refusal to succumb to trends and a keen understanding of numbers, is what allowed Buffett to accrue a fortune exceeding $66 billion.

Suggested further reading:

The Snowball by Alice Schroeder

The Snowball (2008) offers a revealing look at the life and times of one of modern America’s most fascinating men: Warren Buffett. Find out how this shy and awkward man earned his first million dollars and how following a few fundamental rules enabled him to become the world’s wealthiest man.

I’ve read nearly every book regarding Buffett and this is one of the top three alongside Snowball and The Essays of Warren Buffett.

I think this is a competently written book on Buffet's professional life, but I prefer Alice Schroeder's Snowball if you are only interested in reading one book about Buffet - it's more personal and portrays him in a more complex and nuanced way (i.e., how his early childhood and parents influence his personality, or how he thinks about family, having effectively two wives).

Regardless, Lowenstein did a great job to elucidate Buffet's investing philosophy: have a wide margin of safety while buying, hold patiently (harder than it sounds), always pay attention to competitive moat (is it growing or shrinking), find for competent honest and managers who think like owners, utilize financial data to assess returns on capital, but look beyond it to find the a company's true economic potential, and lastly, wait for a fat pitch before you swing.

I thoroughly enjoy everything I’ve read about Warren Buffett. I had read Snowball, Warren Buffet’s more recent biography, but I heard about this one on the Investor’s Field Guide podcast where the guest, Savneet Singh, whose trying to build the Berkshire Hathaway of software, mentioned reading it when he was younger. There are a number of things that struck me in this book, but more than anything, it was the dogmatic focus with which Buffett lives his life. He doesn’t want to have time for anything other than what he loves to do. That’s why he “tap dances to work every morning.”

A masterful journey through the American investment climate of the mid-to-late 1900s told through the lens of Warren Buffett’s career. It is a testament to the author that this 400+ page biography proves to be compelling throughout and offers the reader an intimate look into the man behind Berkshire Hathaway. For someone whose grandparents have lived in New Bedford for the last 50+ years, certain segments of this book touched a soft spot. As someone who works in finance every day, I’m better for having read this book.

Assez incroyable de voir qu’un enfant puisse avoir autant d’obsession pour la richesse ce que je peux comprendre vu sa pauvreté au fil des années il a développé une aisance et une intuition admirable,il a réalisé ses rêves et cela force le respect mais vivre en ne pensant qu’à l’argent est ce que ça suffit au bonheur?