Development of Expertise

Read and Think

“Read 500 pages…every day. 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.” – Warren Buffett


“I insist on a lot of time being spent, almost every day, to just sit and think,” Mr. Buffet said.

He continued: “That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.”

“On the other hand, you have the possibility to read at least 30 pages every day.”

By setting this more modest goal and sticking to it, you will only improve your knowledge over the course of your life. In this way, you will be able to make better choices and achieve greater success by being smarter.

All you have to do now is integrating the Warren’s Buffett Formula into your daily routine and you will inevitably benefit from it in your life.

Source: Time Magazine