Roger Lowenstein Books

Buffett’s beginnings were modest yet rich in the soil of Midwestern enterprise. Omaha in the 1930s was a city steeped in pragmatism, a community of small businesses where reputation mattered more than showmanship. It was here that Warren inherited his father Howard’s quiet conservatism and his mothe...

From Buffett: The Making of an American Capitalist

Buffett’s education was an intellectual pilgrimage. His early years at the University of Nebraska were marked by impatience—he already understood business better than his professors, yet hungered for more rigorous thought. At Columbia Business School, he found it in Benjamin Graham, whose teachings ...

From Buffett: The Making of an American Capitalist

The 1990s ushered in a golden age of finance. Technology advanced trading speed, deregulation fostered innovation, and globalization opened new markets. Against this backdrop, John Meriwether, once the most celebrated bond trader at Salomon Brothers, gathered a team of intellectual titans. They incl...

From When Genius Failed: The Rise and Fall of Long-Term Capital Management

Within LTCM’s sleek offices in Greenwich, Connecticut, a kind of intellectual priesthood flourished. Every decision was data-driven, every risk quantified to multiple decimal places. The partners believed that markets, though noisy and emotional in the short term, would always revert to rational equ...

From When Genius Failed: The Rise and Fall of Long-Term Capital Management