How To Use The Reading Habits of Billionaires To Radically Improve Your Intelligence and Success
By Elle Kaplan
Science says the reading routines of Warren Buffett and Bill Gates are guaranteed to make you smarter and wealthier.
When asked about the key to his success, the billionaire investor Warren Buffett once said:
“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.”
He starts his day off by reading through dozens of newspapers, and devotes a huge portion of his day to his voracious consumption of books. He’s not alone, either. Mark Cuban spends up to 3 hours of his day reading books, and Bill Gates reads 50 books a year.
And when asked how he learned how to build rockets, Elon Musk simply said “I read books.”
Unsurprisingly, research shows that these mega-moguls are on to something. Their specific reading habits will make you dramatically smarter, and are highly correlated with building wealth and success.
Your Mom probably told you to read when you were a kid, but she might have actually accomplished it if she mentioned this fact: 1,200 of the world’s wealthiest people all read extensively.
The right reading habits are also scientifically proven to fire up your brain synapses in unique ways and improve your memory and learning capabilities.
That’s all well and good, but how can you realistically read 500 pages a day and reap the full benefits?
First, you need to read the right things
I’m sorry to break this to you, but Warren Buffet doesn’t read Twilight in his bed before going to sleep.
According to Thomas Corley, author of Rich Habits: The Daily Success Habits of Wealthy Individuals, rich people (annual income of $160,000 or more and a liquid net worth of $3.2 million-plus) read for self-improvement, education, and success. Whereas less well-off people (annual income of $35,000 or less and a liquid net worth of $5,000 or less) read primarily to be entertained.
Well after they graduate, the ultra-successful never stop being scholars. They’re constant learners who have become their own professors in life, so it’s not surprising that they read to improve their knowledge.
The good news is this doesn’t have to be boring. For instance, Fast Company found that the most successful people obsessively pour over the autobiographies of other successful individuals to look for guidance, find inspiration, and get motivated.
If you’re looking for somewhere to start, luckily the ultra-successful aren’t shy about their book choices: check out the favorite books of Bill Gates or 20 books that the ultra-successful recommend…