In this internet era, there is a flood of advice on how to become successful. But one of the most basic keys to success is now often disregarded or overlooked.
What do successful people like Elon Musk, Jeff Bezos, Bill Gates, Mark Zuckerberg, Warren Buffet, Mark Cuban, Oprah Winfrey, and many others have one thing in common? The answer: Reading.
Warren Buffett is one of the most successful investors of all time. Warren Buffett has featured in each of the Forbes 400 richest Americans since its start in 1982. In 2008, he was ranked the richest person in the world. He has managed to stay in the top 10 richest people in the world since then. This had been possible even when he had estimated to have donated more than $41 billion to charity, (approximately 3000 Arab or 300,000 Crores in Indian rupees). The latest estimate of his wealth is around $100 Billion.
Speaking to students in an investing class at Columbia University, Warren Buffet himself explained that one of the secrets of his success is reading. “Read 500 pages like this every day,” Buffett said to the students while pointing toward a stack of manuals and papers. “That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.”
And he practices what he preaches, right from a young age.
"By the age of 10, I’d read every book in the Omaha public library about investing, some twice," says Warren Buffett. It is perhaps because of this early start to reading that he bought his first stock (share) at the age of 11 years and filed his first income tax return at the age of 13 years.
In the early days of Buffett’s investment career, he would read 600-1000 pages in a single day. Nowadays, he still dedicates 80% of his day to reading, a minimum of five to six hours every day. He reads five to six newspapers and around 500 pages of corporate reports daily. When a textbook is around 1500 to 2000 pages, this is like he is reading a complete textbook in three to four days.
Bill Gates, who had been number one on the Forbes list of the richest person in the world for 13 consecutive years, is also an avid reader. He reads about 50 books in a year that too nonfiction ones. This is equal to reading a new book every week.
Mark Zuckerberg, also completes reading one book every two weeks. Ironically, the world is wasting their time reading the messages and comments on Facebook and WhatsApp while their owner is busy reading books and increasing his knowledge.
So, read a lot. Read every day. Read about your subject. Read about your profession. Like Warren Buffet, complete reading all the books related to your career or profession in your college or public library. Read about self-improvement, read about human values, read books filled with wisdom, read books filled with humor, read good fiction. Very importantly, read this blog.
In short, read, read and read and have an amazing journey on the path to success.
— ND
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DISCLAIMER: This article is intended only for fun purposes. The author does not promote or recommend any behavior illustrated here or claim it to be useful. Use the information herein is at your one's own risk. Before trying to emulate or follow anything the reader is well advised to take into account ethical, moral, legal, and other considerations. The author recommends that Medical Practice should be of the highest ethical and moral level keeping in mind the interest of the patient as foremost.
DISCLAIMER: This article is intended only for fun purposes. The author does not promote or recommend any behavior illustrated here or claim it to be useful. Use the information herein is at your one's own risk. Before trying to emulate or follow anything the reader is well advised to take into account ethical, moral, legal, and other considerations. The author recommends that Medical Education should be of the highest ethical and moral level keeping in mind the interest of the patient as foremost and according to MCI and other Board norms.
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