In a post on Finance Yahoo, millionaire Steve Siebold said that the common point of the 1,200 richest people in the world he has interviewed in the past 30 years is that they all read books.
Investor Warren Buffett estimates that 80% of his working day is spent reading and reflecting. He is famous for the saying: "I just sit in my office and read books all day".
Media mogul" Oprah Winfrey started reading books as a child and never stopped: "Books are my path to personal freedom. I learned to read from the age of three and soon discovered that there is a whole world to conquer".
Microsoft co-founder Bill Gates acknowledged his success thanks to books: "I really had a lot of dreams when I was little, and I think most of them developed from the fact that I had the opportunity to read a lot.
Steve Siebold's article also reveals why billionaires often like to read books.
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Investor and world-famous billionaire Warren Buffett shared that one of his keys to success is reading books.
His investment journey was inspired by a book he read at the age of 19 - "Smart Investor" by Benjamin Graham.
According to Buffett, this book has shaped his investment philosophy over the years.
Read 500 pages like this every day. That's how knowledge works. It accumulates, like compound interest. You can all do it, but I guarantee not many of you will," he shared about his reading habit.
In fact, age does not slow down Buffett's reading every day. To this day, he still spends about 80% of his day reading and analyzing.
I read, think a lot and make fewer impulsive decisions than most people in the business world. I do this because I like this type of life," Buffett revealed in an interview.
Another billionaire is Elon Musk, widely known for his self-study skills in automotive and aerospace engineering, who also likes to read books. With a background in physics and economics, Musk equips himself with the knowledge and skills needed to lead Tesla and SpaceX through reading books.
Motivated and inspired
Oprah Winfrey is a strong supporter of reading books. In the book "Things I Know for Certainty", Oprah shared about her passion for reading books that started at the age of 3, this habit has motivated strong determination, helping her always move forward.
Books are a ticket that opens up personal freedom for me. I learned to read from the age of 3 and soon discovered that there is a vast world to conquer, far beyond my family's farm in Mississippi," the media billionaire shared.
Bill Gates also shares the same view. According to him, reading inspires him to achieve ambitions in life: "I really had many dreams when I was young and I think most of it came from the fact that I had the opportunity to read a lot of books.
Bill Gates reads 50 books each year and completes at least one book per week.
Self-improvement
This is a theory that has been proven over time. If you want to succeed in life, start by studying the people you want to become.
The only person who can teach you how to think like a millionaire is that millionaire," Steve Siebold shared about the habits that ordinary people should adopt to succeed.
The first step to follow the path of successful people you admire is to read the books they have read. Because these books will help you understand the principles and philosophies that orient their lives.
Therefore, if you want to learn how Warren Buffett or Elon Musk think, you should look at the favorite books of these billionaires. It can be understood that books that a reader reads are like a clear portrait of them.
