Warren Buffett acknowledged many of his big decisions because of his greedy reading habit. He said he started every morning reading some newspapers and estimated that he spent as much as 80% of his reading.
Berkshire Hathaway’s CEO, when asked about the key to success, pointed to a stack of books and said, “Read 500 pages like this every day, that’s how knowledge works, awakens, like compound interest, do it, but I guarantee not many of you will.”
“I read and thought,” Buffett said. “So I read more and think more, and make fewer impulse decisions than most people in business, I do it because I love life like this.”
Apparently, science shows that Buffett’s inspired reading habits can benefit you in several ways. You are more likely to be rich.
Millionaire Steve Siebold interviewed the 1200 richest people in the world to know the traits they share. One trait that is almost all the same, they read everything from self-improvement books to autobiography.
The next time you reach the remote, you may want to reconsider.
Author Tom Corley spent five years studying the daily activities of 233 rich and 128 poor people, whom he wrote in “Rich Habits: The Daily Success Habits Of Wealthy Individuals.” He found 67% of rich people limit TV viewing time to an hour or less per day, compared with only 23% of the poor.
You are more likely to be smart
The advice you receive as a child from your parents, to read because “it makes you smarter,” is supported by psychological and neuroscientific research.
“If ‘smarter’ means having a larger vocabulary and more world knowledge … then reading might make people smarter,” says psychologist Keith Stanovich at the National Library of the U.S. National Institute of Health.
He added that the data support these findings “many times.”
In a separate study, students’ brain scans after reading the thriller showed increased activity in the field of the brain associated with understanding and language sensation.
If you love a good novel, science has some good news.
Some studies have found that people who read literary fiction show higher levels of empathy and emotional intelligence, according to research published in the Public Library of Science, Journal of Research in Personality, European Journal of Communication Research and Science Magazine. You are more likely to have a sharp mentality
A lifelong reading hobby can improve your overall well-being, especially on the phone.
The study, published in the Journal of the American Academy of Neurology found that people who engage in mental stimulating activities such as memory decline more slowly than those who do not.
Although many people may still associate books with reading in school, research shows that reading is a great way to invest in yourself. And, if you’re looking for something to get you started, try Mark Zuckerberg’s book or even Warren Buffett himself who recommends it.