Step 9: Warren Buffett’s Book-A-Day Diet & Making War With A Multitude Of Counselors

The Big Idea: Reading Voraciously for Success

  • billionaires read voraciously
  • Warren Buffett reads 8 hours a day
  • a rich man’s house always has a library — Jim Rohn
  • Alexander the Great used to travel with a library
  • survival machines that can simulate the future are one jump ahead of survival machines who can only learn by overt trial (takes time and energy) and error (can be fatal) — Richard Dawkins (The Selfish Gene)
  • our brain is built to simulate instead of learning by trial and error
  • people who only learn by trial and error will often quit because failure takes its toll
  • books are the easiest way to learn from other people’s mistakes and lessons
  • read Made in America by Sam Walton
  • the best mentors (living and dead) are easily accessible by reading their books
  • great leaders and successful people have a cabinet of advisors
  • make war with a multitude of (wise) counselors
  • don’t waste time reading random or new books until you’re done with the top 100 books
  • 25% of the books you read should be about health
  • just be consistent about reading, then later learn to speed read
  • don’t worry about getting every point from every book the first time, you can return later
  • read a how-to book to get drowsy for power naps
  • read a biography right before bed to absorb the author’s courage
  • classic fiction is also good right before bed
  • most how-to books have one or two main points, which are in the intro chapter
  • reread the greatest books until they are instinctive to you
  • read one book a week at minimum

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.


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