The Buffett Formula — How To Get Smarter

Livewire News

Most people go through life not really getting any smarter. Why? They simply won’t do the work required. It’s easy to come home, sit on the couch, watch TV and zone out until bed time rolls around. But that’s not really going to help you get smarter. Sure you can go into the office the next day and discuss the details of last night’s episode of Mad Men or Game of Thrones. And, yes, you know what happened on Survivor. But that’s not knowledge accumulation, it’s a mind-numbing sedative. But you can acquire knowledge if you want it. How? Read. A lot. Warren Buffett says, “I just sit in my office and read all day.” What does that mean? He estimates that he spends 80% of his working day reading and thinking. “You could hardly find a partnership in which two people settle on reading more hours of the day than in ours,” Charlie Munger commented. Read the full post: (VIEW LINK)


Livewire News

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

warren buffett charlie munger

Comments

Please sign in to comment on this wire.