summary ofThe SnowballBook by Alice Schroeder

first KEY POINT

Childhood

Warren Buffet was born in Omaha, Nebraska on the 20th day of August 1930, into the great depression that led to federal intervention throughout the 1930s.His father, Howard, was a stockbroker, and his mother, Leila, was an imperious and squeamish parent. Stuck between the Great Depression and the erratic nature of his mom, Warren found escape innumeracy — from writing the numbers of stock prices on the big chalkboard in his father’s office to making notes that could help the police catch, bank robbers. He and his friend Russ would write the license plates of cars passing through their street with the hope that the police might find it useful in the event of an investigation of a robbery of the local bank. Their street was the only route anyone coming from the local bank would take.His interest in numeracy, probabilities, and statistics was noticed and encouraged at the age of 8. He received books from his aunt Alice and his grandfather, which kept him company and helped him stay away from his erratic mother.