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Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012: A Fortune Magazine Bookby Carol J Loomis
Synopses & Reviews
Warren Buffett built Berkshire Hathaway into something remarkableandmdash; and Fortune journalist Carol Loomis had a front-row seat for it all.
When Carol Loomis first mentioned a little-known Omaha hedge fund manager in a 1966 Fortune article, she didnandrsquo;t dream that Warren Buffett would one day be considered the worldandrsquo;s greatest investorandmdash;nor that she and Buffett would quickly become close personal friends. As Bufandshy;fettandrsquo;s fortune and reputation grew over time, Loomis used her unique insight into Buffettandrsquo;s thinking to chronicle his work for Fortune, writandshy;ing and proposing scores of stories that tracked his many accomplishmentsandmdash;and also his occaandshy;sional mistakes.
Now Loomis has collected and updated the best Buffett articles Fortune published between 1966 and 2012, including thirteen cover stories and a dozen pieces authored by Buffett himself. Loomis has provided commentary about each major artiandshy;cle that supplies context and her own informed point of view. Readers will gain fresh insights into Buffettandrsquo;s investment strategies and his thinking on management, philanthropy, public policy, and even parenting. Some of the highlights include:
Scores of Buffett books have been written, but none can claim this workandrsquo;s combination of trust between two friends, the writerandrsquo;s deep underandshy;standing of Buffettandrsquo;s world, and a very long-term perspective.
"This fascinating collection presents a selection of articles about the financial mogul, many by Loomis and twelve12 by Buffett himself, published in Fortune Magazine from the time he first burst on the scene as a young financial genius up until today. As a longtime personal friend, she brings a unique perspective into his mindset, but readers will likely treasure Buffett's own insights most of all, such as his view of inheritance, reported in 1986: 'To him the perfect amount to leave children is Ã¢Â€Â˜enough money so they would feel they could do anything, but not so much that they could do nothing.'' More recently, in 2010, he explained, 'My wealth has come from a combination of living in America, some lucky genes, and compound interest. Both my children and I won what I call the ovarian lottery.' His common sense and wry humor can be appreciated by everyone, but investors will be especially intrigued by gems like this explanation of Berkshire Hathaway's management philosophy: 'We want people to join us because they want to be with us until they die.' Loomis has created an engaging picture of a great influencer of our time. Agent: Tracy Brown, Tracy Brown Literary. (Nov.)" Publishers Weekly Copyright PWxyz, LLC. All rights reserved.
When Carol Loomis first mentioned a little-known Omaha hedge fund manager in a 1966 Fortune article, she didnt dream that Warren Buffett would one day be considered the worlds greatest investor—nor that she and Buffett would quickly become close friends. As Buffetts wealth and reputation grew over time, Loomis used her unique insight to chronicle his work for Fortune.
Now Loomis has collected and updated the best Buffett articles Fortune published between 1966 and 2012, including a dozen pieces by Buffett himself. Through Loomiss new commentaries, readers will gain fresh insights into his investment strategies as well as his thinking on management, philanthropy, public policy, and even parenting.
Loomis has created an engaging picture of a great influencer of our time.” —Publishers Weekly
Serious investors as well as those interested in the history of Berkshire Hathaway and the philanthropic ideas of Buffett will enjoy these revealing pieces extracted from the Fortune archives.” —Kirkus Reviews
About the Author
CAROL J. LOOMIS is a senior editor-at-large at Fortune, where she has worked since 1954. She has been the magazineandrsquo;s expert on Warren Bufandshy;fett since 1966 and has edited his annual letter to shareholders since 1977. Her many honors include five lifetime achievement awards, including a Gerald Loeb Award for business journalism and Time Inc.andrsquo;s first-ever Henry Luce Award. This is her first book. She lives in Westchester County.
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