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Over the last 70 years, value stocks clocked a 13.4% average annual return, vs. 10.2% for growth stocks, according to Ibbotson Associates.

Warren Buffett finally agrees to do a tell-all

By admin - Posted on September 30th, 2008
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A new biography of Warren Buffett was published Monday offering fresh insights into one of the world's savviest investors even as global financial markets are undergoing unprecedented turmoil.

"The Snowball: Warren Buffett and the Business of Life" was written by Alice Schroeder, a former managing director at Morgan Stanley. It's noteworthy for a variety of reasons -- not least the timing of its publication, which coincides with the greatest financial crisis since the Depression.

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