Value of Lifelong Learning

Fred Smith, the founder of Federal Express, read 4 hours a day. Warren Buffett constantly reads.

Charlie Munger emphasized the importance of lifelong learning throughout his life, often tying it to success and wisdom. From his 2007 USC Law School Commencement Address:

[!important] “I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than when they got up and boy does that help—particularly when you have a long run ahead of you.”

“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.”