Lots of the time, the mistakes that people make in life and business are mistakes that they could have easily avoided, if they had read more books on the matter. The truth is that many of the issues that people face today, have been faced by other people in the past, and you can learn easily from them, how they overcame the issues.
It's really sad when you see people who don't invest time into reading and studying patterns from the past, that keep on repeating. The benefit of reading great books is that complex issues that could have taken long time to figure out by yourself alone, can be easily explained to you.
When you read more books about history and how financial markets have behaved in the past, you make yourself better equipped. Although, you still need to be present and aware that things are constantly changing and upgrading - but some fundamental principles remain consistent.
Reading more books written by great thinkers, helps simplify difficult concepts. Deciding to spend 2 extra hours every day reading good books, in your field equals about 60 hours of reading in a month. And in a year or two, your ability to anticipate events accurately in your field may increase greatly - to your advantage.
Perfectly true. The more we read books, I have come to discover, the more we actually tend to know more and more most especially in the financial space. At least we should finish a financial book once in a month
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