Warren Buffett's career a battle of greed vs. principles Interviewed

Alice Schroeder got Buffett's cooperation in writing her new book, "The Snowball: Warren Buffett and the Business of Life" (Bantam Books). Schroeder, who worked on Wall Street as an insurance industry analyst, met Buffett 10 years ago when his company, Berkshire Hathaway, bought a big insurance company.

Schroeder says she suggested he write a book about his life, and the 78-year-old Buffett turned the tables, urging her to do it instead. Schroeder estimates she spent about 2,000 hours with Buffett and interviewed 250 people for the book. Now on a tour to promote her book, Schroeder is in a unique position to speak about Buffett at a time when many media outlets are seeking his views.

"I have about 300 hours of recorded interviews and the rest of the time I observed him, I watched him make decisions and talk on the phone, went through files. I got to sit in his office for weeks, I ate steaks with him," says Schroeder, who's 51. "If it ever said moo, he'll pretty much eat it. He likes his steaks bloody rare and hanging off the plate, they're so big."

More at CNN.com

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