Proverbs 1:7 “The fear of the Lord is the beginning of knowledge, but fools despise wisdom and instruction.”
Today is a simple and short blog. It’s just reiterating what you already know in your heart. Let me quote several to “get it.”
Charlie Munger, a Self-made billionaire, and Warren Buffett’s longtime business partner said, “In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none. zero.” Why did one of the busiest people in the world, former president Barack Obama, read an hour a day while in office? Why has the best investor in history, Warren Buffett, invested 80% of his time in reading and thinking throughout his career? Why has one of the world’s richest, Bill Gates, read a book a week during his career? And why has he taken a yearly two-week reading vacation throughout his entire career? Why do the world’s smartest and busiest people find one hour a day for deliberate learning while others make excuses about how busy they are? What do they see that others don’t?
The answer is simple: Learning is the single best investment of our time that we can make. Or as Benjamin Franklin said, “An investment in knowledge pays the best interest.” And just in case you think you will be wasting your time, Paul Tudor Jones, self-made billionaire entrepreneur, investor, and philanthropist said, “Intellectual capital will always trump financial capital.”