> Warren Buffett Blog: Buffett on importance of reading books

Monday, April 28, 2014

Buffett on importance of reading books

Warren Buffett

"By the age of 10, I'd read every book in the Omaha Public Library with the word finance in the title -- some twice."

Charlie Munger

I have said that in my whole life, I have known no wise person over a broad subject matter area who didn't read all the time -- none, zero. 

"Now I know all kinds of shrewd people who by staying within a narrow area can do very well without reading," he added, "but investment is a broad area. So if you think you're going to be good at it and not read all the time, you have a different idea than I do. You'd be amazed at how much Warren reads. You'd be amazed at how much I read.”