Take the richest man in the world, Bill Gates, who reads 50 books a year, or Buffett, who spends as much as 80 percent of his day reading.
As for Munger, he started the habit as a kid, he tells Janet Lowe in her book “Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger.”
“I met the towering intellectuals in books, not in the classroom, which is natural. I can’t remember when I first read Ben Franklin. I had Thomas Jefferson over my bed at seven or eight.”
Eighty-five years later, Munger is still an avid reader: “My children laugh at me. They think I’m a book with a couple of legs sticking out.”
If he were to give young people advice, he’d tell them to pick up a book.
“Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading. If you want wisdom, you’ll get it sitting on your a–. That’s the way it comes.”
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