The importance and purpose of reading

I will let great men than me explain the importance of reading.

“We read a lot. I don’t know anyone who’s wise who doesn’t read a lot. But that’s not enough: You have to have a temperament to grab ideas and do sensible things. Most people don’t grab the right ideas or don’t know what to do with them.”

“In my whole life, I have known no wise people who didn’t read all the time-none, zero. You’d be amazed at how much Warren [Buffett] reads-and at how much I read. My children laugh at me, they think I’m a book with a couple of legs sticking out” Charlie Munger

“The man who doesn’t read good books has no advantage over the man who can’t” – Mark Twain

Here is what Charlie Munger has to say about developing elementary worldly wisdom.

“What is elementary, worldly wisdom? Well, the first rule is that you can’t really know anything if you just remember isolated facts and try and bang ‘em back.If the facts don’t hang together o­n a latticework of theory, you don’t have them in a usable form. You’ve got to have models in your head. And you’ve got to array your experience ‑ both vicarious and direct ‑ o­n this latticework of models. You may have noticed students who just try to remember and pound back what is remembered. Well, they fail in school and in life. You’ve got to hang experience o­n a latticework of models in your head. What are the models? Well, the first rule is that you’ve got to have multiple models ‑ because if you just have o­ne or two that you’re using, the nature of human psychology is such that you’ll torture reality so that it fits your models, or at least you’ll think it does.”

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