Friday, May 7, 2010

On the Importance of Reading

If you haven't heard of Charlie Munger then you have missed out.  Charlie is straight man to Warren Buffett.  


Charlie once said, "In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time - none, zero. You'd be amazed at how much Warren reads - and at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out."




Charlie Munger Biography


I try and read a wide variety of material.  I read to learn, be exposed to new ideas, and to see what others are thinking about.  This benefits me and it benefits my clients.  Too often we get stuck doing the same thing over and over, never really thinking of new ways to do things, or new ideas that can replace current thought.  Reading can give you the edge.



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