Reading habit of the most successful people in the world
Some of the best performers in the world have one thing in common: they are not high IQs, they are not an amazing success, but their appreciation for reading. Books are their most lucrative investment.
Why does Warren Buffett read 80% of the time?
The Story "From $ 2 to $ 20 Billion":
There are stories that two teenagers find a job at a grocery store in Omaha, Nebraska. The older boy, from a poor family devastated by the Great Depression, breed and sell hamsters to change. The boy, the owner's grandson, had delayed college and worked odd jobs, like selling gum and coke bottles to the store.
At that time, each boy earned about $ 2 a day. Only a few decades later, they made $ 20 billion in profits each year with their Berkshire Hathaway Group. Who are these guys? None other than Charlie Munger and Warren Buffett.
How do they become the most successful investors that the United States has ever seen?
Buffett spends 80% of his time reading: Quickly following in 2007, Charlie Munger, 84, revealed to a crowd of aspiring law students the secret to their success:
"I constantly see people living in life who are not the smartest, sometimes not even the most diligent, but they are learning the machinery. They go to bed every night a little wiser than they are when they get up and the boy does it help, especially when you have a long time ahead of you. "
Suppose, in the early days of Buffett's investment career, he would read 600-1000 pages a day. Today, he still spends 80% of his time reading.
"Read 500 pages ... every day. That's how knowledge works. It accumulates, just like compound interest. You can all do it, but I guarantee not much you will do it. "
No matter where you are in life, continue to study and you will succeed.
Billionaire Book Club
Buffett and Munger are not the only ones who succeed in reading.
Technology entrepreneur Elon Musk learned how to build rockets by reading books. Musk was heavily bullied in South Africa. He found comfort in imaginative and science fiction books, which inspired him to leave a legacy in the world.
Bill Gates, the richest man in the world and a lifelong bookworm, read about 50 books a year, are nonfiction books. Although he visited many places and met interesting people, he still wanted to read books to gain new knowledge.
Similarly, Mark Zuckerberg has invited the whole world to join in his quest to read a bi-weekly book by 2015.
What is your reading goal?
Want to go to sleep a little wiser than tonight?
Although reading is valuable, most people view it as a chore. Why read when you can end the day with your favorite TV show? Or a nice gathering with friends? What if you could get all the benefits of reading without abandoning your other hobbies? You can!
Read the book by reading the best non-fiction book learning app in the world for 15 minutes. You can learn about rocket science in breakfast, stock trading through lunch and the 7 habits of highly effective people at dinner. You can also study while on the move with sound. This way, you can become a learning machine!
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