真正投资大师，都是大量阅读的。 "I just sit in my office and read all day." Warren Buffett “我整天坐在办公室里看书。” 沃伦·巴菲特 "I spend the bulk of my day reading the work of others whom I respect" Frank Martin “我大部分时间都在阅读我尊重的其他人的作品”弗兰克·马丁 “Never stop reading. History doesn't repeat but it does rhyme” Seth Klarman “永远不要停止阅读。历史不会重演，但会押韵”塞思·克拉曼 "I have learned more from reading than from formal education" Roy Neuberger “我从阅读中学到的东西比从正规教育中学到的更多” Roy Neuberger "Read as many investment books as you can get your hands on. I've been able to learn something from almost every book I have read" Lee Ainslie “尽可能多地阅读投资书籍。我几乎可以从我读过的每一本书中学到一些东西” Lee Ainslie "We read a lot" C.T Fitzpatrick “我们读了很多书”CT Fitzpatrick "I don't think you can get to be a really good investor over a broad range without doing a massive amount of reading." Charlie Munger “如果不进行大量阅读，我认为你无法在广泛的范围内成为一名真正优秀的投资者。” 查理芒格 "Investing is one of the few things you can learn on your own. You can learn investing by reading books. I went to business school to learn how to be a good investor. When I got to Harvard, I discovered there wasn't a course on investing. I decided to open my first self-study program" Bill Ackman “投资是少数你可以自学的东西之一。你可以通过阅读书籍来学习投资。我去商学院学习如何成为一名优秀的投资者。当我到哈佛时，我发现没有投资课程。我决定开设我的第一个自学项目”比尔·阿克曼 “a voracious reader, Kahn devours everything except fiction, which adds little value to his search for investment ideas. A close follower of the latest news and trends – he has read thousands of non-fiction books – most of which are heavily marked with his apt comments” “卡恩是一个贪婪的读者，除了小说，他什么都喜欢，这对他寻找投资理念没有什么价值。最新消息和趋势的密切关注者—— 他已经阅读了数千本非小说类书籍——其中大部分都带有他恰当的评论” "Frank Betz, who was Carret's personal assistant in the Eighties, recalled that he read voraciously – not just corporate reports and newspapers but also books on philosophy, history, economics and biographies" “80年代Carret的私人助理弗兰克·贝茨回忆说，他读书如饥似渴——不仅是公司报告和报纸，还有哲学、历史、经济学和传记方面的书籍” "I am obsessed with stocks and investing — I read everything." Ted Weschler “我痴迷于股票和投资——我什么都读。” 泰德·韦施勒 "I have always found it much better just to sit and do your own reading. When I talked to people it would muddy my thinking. I was much more successful just sitting back, reading, and figuring things out" Jim Rogers “我一直觉得坐下来自己看书要好得多。当我与人交谈时，我的思维会变得混乱。我只是坐下来，阅读，弄清楚事情要成功得多”吉姆罗杰斯 “Ideas come to me from all sources, principally from reading and talking. I don't discriminate how they come, as long as they are good ideas. You can recognise good ideas by reading a great deal and also by studying a lot of companies and constantly learning from intelligent people – hopefully more intelligent than you are, especially in their field. I try to read as much as I can” Li Lu “我的想法来自各种渠道，主要来自阅读和谈话。我不区分它们是如何产生的，只要它们是好主意。你能认出好的通过大量阅读、研究很多公司并不断向聪明人学习——希望比你更聪明，尤其是在他们的领域。我尽可能多地阅读”李录 “Read 500 pages like this every day... That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.” Warren Buffett “每天像这样阅读500页……这就是知识的运作方式。它建立起来，就像复利一样。你们所有人都可以做到，但我保证你们中没有多少人会做到。” 沃伦·巴菲特 “I've found no substitution for constant reading to immerse myself in the flow of information that eventually results in ideas” Thomas Gaynor “我发现没有什么可以替代不断阅读来让自己沉浸在最终产生想法的信息流中” Thomas Gaynor "You should be a voracious reader and a sponge of information from other investors. With all the ideas out there, you do not have to agree with them or adopt them, but you should consider them" Larry Robbins “你应该是一个贪婪的读者和来自其他投资者的信息海绵。有了所有的想法，你不必同意或采用它们，但你应该考虑它们”拉里罗宾斯 "I don't know of any successful investors who come up with good ideas without reading" Thomas Kahn “我不知道任何成功的投资者会在没有阅读的情况下提出好主意” Thomas Kahn "First and foremost, I read a lot, and we never use screens to generate any ideas whatsoever. Our ideas come from reading newspapers, books, magazines, analysts' reports, and even our competitors' investment holdings" Francisco Garcia Parames “首先，我读了很多书，我们从不使用屏幕来产生任何想法。我们的想法来自阅读报纸、书籍、杂志、分析师报告，甚至是我们竞争对手的投资控股”弗朗西斯科·加西亚·帕拉姆斯 “If it is wisdom you're after, you're going to spend a lot of time on your ass reading.” Charlie Munger “如果你追求的是智慧，你会花很多时间在你的阅读上。” 查理芒格 "Read voraciously. Learn more broadly about behaviour, philosophy of thinking, biographies and history. Get a sense of the possible. Look at the repeating cycles in human history. There's an abundance of material out there, so you can build your own invisible board of directors, if you will. That's incredibly important" Matthew McLennan “如饥似渴地阅读。更广泛地了解行为、思维哲学、传记和历史。了解可能性。看看人类历史中的重复循环。那里有大量的材料，所以你可以建立自己的隐形板导演，如果你愿意的话。这非常重要”马修麦克伦南 “I'm a passionate reader. That's why being an investor is the perfect job for me.”Irving Kahn “我是一个热情的读者。这就是为什么成为一名投资者对我来说是一份完美的工作。”欧文·卡恩 "Read voraciously and wait patiently, and from time to time these amazing bets will present themselves" Mohnish Pabrai “如饥似渴地阅读并耐心等待，这些惊人的赌注会不时出现” Mohnish Pabrai "If you want to get good at investing, read a lot and practice a lot" Joel Greenblatt "There are no short cuts to mental fitness. Much like compound interest, reading has compounding benefits" Christopher Begg “如果你想擅长投资，请多读书，多练习”乔尔格林布拉特“心理健康没有捷径。就像复利一样，阅读具有复合收益”克里斯托弗·贝格 “I try to read at least five to eight hours a day. I read a lot of different things, including a wide variety of filings, annual reports, industry reports and business magazines"” Lou Simpson “我尝试每天至少阅读五到八个小时。我阅读了很多不同的东西，包括各种各样的文件、年度报告、行业报告和商业杂志”” Lou Simpson "I can think of no better way to become more intelligent than sit down and read. In fact, that's what Charlie and I mostly do." Warren Buffett “我想不出比坐下来阅读更好的方法来变得更聪明。事实上，这就是查理和我主要做的事情。” 沃伦·巴菲特 "I think its helps to read broadly, what good does it do to know everything about one little thing if you don't know how it fits into the world, and how the world is going to effect it" Howard Marks “我认为它有助于广泛阅读，如果你不知道一件小事如何融入世界，以及世界将如何影响它，那么了解一件小事的一切有什么好处”霍华德马克斯 "I've mainly learned by reading myself. So I don't think I have any original ideas. Certainly, I talk about reading [Benjamin] Graham. I've read Phil Fisher. So I've gotten a lot of ideas myself from reading." Warren Buffett “我主要是通过阅读自己来学习的。所以我认为我没有任何原创的想法。当然，我谈论的是阅读 [Benjamin] Graham。我读过菲尔·费舍尔。所以我自己得到了很多想法从阅读开始。” 沃伦·巴菲特 "Read as much as you can about the markets, economy, and financial history. Never stop reading" Seth Klarman “尽可能多地阅读有关市场、经济和金融历史的信息。永远不要停止阅读”塞思·克拉曼 "There is an old saying that those who don't know history are doomed to repeat it. So I always took the time to read about business history. I buy old magazines from eBay to read about great companies of the past that are long gone. I like to say the corporate cemetery is filled with “indestructible” companies." Francois Rochon “有句老话，不了解历史的人注定要重蹈覆辙。所以我总是花时间阅读商业历史。我从eBay购买旧杂志，阅读那些早已不复存在的过去的伟大公司. 我想说企业墓地里到处都是“坚不可摧”的公司。” 弗朗索瓦·罗雄 "I read voraciously and still do. I read lots of business biography because it informs me about human behaviour, how people behave in their business life andhow that effect how they will do" Chuck Akre “我如饥似渴地阅读，现在仍然如此。我读了很多商业传记，因为它告诉我人类行为、人们在商业生活中的行为方式以及这对他们将如何做的影响” Chuck Akre "I read and read and read. I probably read 5 to 6 hours per day. I read five daily newspapers, I read a fair number of magazines, I read 1ok's, I read annual reports, and I read a lot of other things too. I've always enjoyed reading. I love reading biographies for example" Warren Buffett “我阅读，阅读，阅读。我每天大概阅读 5 到 6 个小时。我阅读了 5 份日报，我阅读了相当多的杂志，我阅读了 1ok's，我阅读了年度报告，我还阅读了很多其他的东西. 我一直很喜欢阅读。例如，我喜欢阅读传记”沃伦·巴菲特 "Recently I read an interview with Charlie Munger, Warren Buffett's alter. Munger is a great investor and a really smart, wise old guy; "I have said that in my whole life, I have known no wise person over a broad subject matter area who didn't read all the time - none, zero. Now I know all kinds of shrewd people who by staying within a narrow area can do very well without reading. But investment is a broad area. So if you think you're going to be good at it and not read all the time, you have a different idea than I do … You'd be amazed at how much Warren Buffett reads. You'd be amazed at how much I read." [Charlie Munger at the Berkshire “最近我读到了对沃伦·巴菲特的另一位查理芒格的采访。芒格是一位伟大的投资者，也是一个非常聪明、睿智的老人；“我说过，在我的一生中，我认识的没有一个在广泛的主题领域有智慧的人谁没有一直阅读-没有，零。现在我知道各种精明的人，只要呆在狭窄的区域里，不用读书就可以做得很好。但投资是一个广阔的领域。因此，如果您认为自己会擅长阅读而不是一直阅读，那么您的想法与我不同……您会惊讶于沃伦·巴菲特（Warren Buffett）的阅读量。你会惊讶于我的阅读量。” [伯克希尔的查理芒格 Hathaway 2003 Annual Meeting]. Reading is definitely my thing, too, and I think you have to read not just business stuff but also history, novels, and even some poetry. Investing is about glimpsing, however dimly, the ebb and flow of human events. It's very much about breasting the tides of emotion, too, which is where the novels and poetry come in. Besides, sometimes you have to refresh your mind and soul by consuming some crafted, eloquent writing." Barton Biggs 海瑟薇2003年年会]。阅读绝对是我的事，我认为你不仅要阅读商业资料，还要阅读历史、小说，甚至诗歌。投资就是瞥见人类事件的潮起潮落，无论多么模糊。这也很大程度上是为了控制情绪的浪潮，这也是小说和诗歌的来源。此外，有时你必须通过阅读一些精心制作的、雄辩的作品来刷新你的思想和灵魂。”巴顿·比格斯 "Don't limit yourself to just reading business and economics. Read philosophy and read the great economic thinkers" Frank Martin “不要只限于阅读商业和经济学。阅读哲学并阅读伟大的经济思想家”弗兰克·马丁 "Curiosity is the engine of civilization. If I were to elaborate it would be to say read, read, read and don't forget to talk to people, really talk, listening with attention and have conversations, on whatever topic, that are an exchange of thoughts. Keep the reading broad, beyond just the professional. This helps to develop one's sense of perspective in all matters" Peter Cundill “好奇心是文明的引擎。如果我要详细说明，那就是说阅读，阅读，阅读，不要忘记与人交谈，真正交谈，专心聆听并就任何话题进行对话，这是一个交流思想。保持广泛的阅读，不仅仅是专业的。这有助于培养一个人在所有问题上的洞察力”彼得坎迪尔 “If you can set your life up in a manner which gives you large chunks of time to do reading, but reading not from the context of 'I'm going to do an investment', but reading from the context of getting better at knowing how the world works. You get to wisdom which is different from just being smart. You can build up an advantage over your peers” Mohnish Pabrai “如果你能以一种让你有大量时间阅读的方式来安排你的生活，但不是从‘我要做投资'的背景下阅读，而是从变得更好地了解的背景下阅读世界如何运作。你会得到与聪明不同的智慧。您可以建立比同龄人更胜一筹的优势” Mohnish Pabrai "Being a successful investor you need to be hungry, intellectually curious, interested, read all the time. Read a lot of newspapers. You need a certain level of randomness in order to connect things that might give you an insight into where a business is going in five years that somebody else might not see." Ted Weschler “作为一名成功的投资者，你需要保持饥饿感、求知欲和兴趣，一直阅读。阅读大量报纸。你需要一定程度的随机性，以便将可能让你洞察企业所在的事物联系起来五年后，别人可能看不到。” 泰德·韦施勒 "Successful investors are vociferous readers" Scott Fearon “成功的投资者都是大声疾呼的阅读者” Scott Fearon "If you read widely, you can learn from people whose ideas merit publishing. Some of the most important for me were Charley Ellis's great article "The Losers Game", A Short History of Financial Euphoria, by John Kenneth Galbraith and Nassim “如果你广泛阅读，你可以向那些想法值得发表的人学习。对我来说，最重要的是查理埃利斯的伟大文章“失败者游戏”，金融兴奋的简史，约翰肯尼斯加尔布雷思和纳西姆 Nicholas Taleb's Fooled by Randomness. Each did a great deal to shape my thinking" Howard Marks 尼古拉斯·塔勒布的《随机致富的傻瓜》。每个人都对塑造我的思想做出了很大贡献”霍华德·马克斯 "Develop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day" Charlie Munger “通过如饥似渴的阅读成长为终生自学者；培养好奇心，努力每天变得更聪明一点”查理芒格 "Read a lot, and read about the things that are not possible now, but will be in the future. As long as you keep your mind sharp and busy, you will see good things happen" Irving Kahn “多读书，看看现在不可能，但将来会发生的事情。只要你保持头脑清醒和忙碌，你就会看到好事发生”欧文·卡恩 "I am also addicted to reading .. my taste is eclectic ranging from novels to history" Barton Biggs “我也沉迷于阅读......我的品味从小说到历史不拘一格”巴顿比格斯 "I spend the vast majority of my day reading. I try to make about half of that reading random. Things like newspapers and trade periodicals.” Ted Weschler “我一天中的绝大部分时间都在阅读。我试着让大约一半的阅读时间随机化。报纸和贸易期刊之类的东西。” 泰德·韦施勒 "The early indications of change often come from outside the area that eventually is most affected (eg the Swiss watch industry was nearly mortally surprised by developments in the semiconductor area). Broad-based readings allows one to spot a change in one field that will impact another. Experts, on the other hand, are vulnerable to being surprised by events outside their specialized area" Bennett Goodspeed “变化的早期迹象通常来自最终受影响最大的领域之外（例如，瑞士钟表业对半导体领域的发展几乎感到震惊）。广泛的读数使人们能够发现一个领域的变化，这将影响另一个。另一方面，专家很容易对他们专业领域之外的事件感到惊讶” Bennett Goodspeed “I get in around 7 or 8, and I read until about 7 or 8 at night. And I go home, and see my family, and then I'll read for another hour or two in bed at night. And you know, there might only be three to four phone calls the entire week. So there are very, very few interruptions. I have a great assistant who knows everything that I read, and she kinda provides everything, and there's a back and forth between us where I'll mark it up, and give it back to her. And we have a system for filing and so forth. But it's literally just reading about 12 hours a day of everything I just mentioned.” Todd Combs “我大约 7 点或 8 点进场，我一直读到晚上 7 点或 8 点。然后我回家，看看我的家人，然后晚上我会在床上再读一两个小时。你知道，整个星期可能只有三到四个电话。因此，中断非常非常少。我有一个很棒的助手，他知道我读过的所有东西，而且她提供了所有东西，我们之间有一个来回，我会把它标记出来，然后还给她。我们有一个归档系统等等。但它实际上只是每天阅读我刚刚提到的所有内容的大约 12 小时。” 托德梳子 "I've said it before and I'll underscore it here: I am a voracious consumer of information. I have honed my ability to digest a lot of information, sift out what's potentially relevant, retain it, and then recall it when it's useful. I read at least five newspapers every day, and five business magazines a week. I remember all of it, or at least everything relevant. I also like to read escapist fiction - mystery novels, spy thrillers - and I go through about one book a week. I usually remember nothing about them. Unless all of a sudden something becomes relevant" Sam Zell “我以前说过，在这里我要强调一下：我是一个贪婪的信息消费者。我已经磨练了消化大量信息、筛选出可能相关的信息、保留它，然后在它出现时回忆它的能力。有用。我每天至少阅读五份报纸，每周阅读五份商业杂志。我记得所有这些，或者至少所有相关的内容。我还喜欢阅读逃避现实的小说——神秘小说、间谍惊悚片——我读过大约一本一周预订一次。我通常对他们一无所知。除非突然之间发生了一些相关的事情” Sam Zell “I'm very selective. I, sometimes, skim. I, sometimes, read one chapter and I sometimes read the damn thing twice. It's been my experience in life [that] if you just keep thinking and reading, you don't have to work.” Charlie Munger “我很有选择性。我有时会略读。我有时会读一章，有时我会读两遍该死的东西。我的生活经验是，如果你继续思考和阅读，你就不必工作。” 查理芒格 “I am a voracious reader. My parents couldn't afford to buy books for me. I would walk two miles to the public library to take out books. I love reading. The brain is a muscle and you have to exercise it. Right now 40% of all high school graduates have not read a book in the last year. People don't choose to read a book. I try to read two books a week. It sounds like a lot but I am not reading physics textbooks, I am reading history and biographies and business, things I know about so I can get through them pretty quickly. I try to read because I am exercising my brain, I think if the muscle isn't used the brain can atrophy. It's very important to me. I am obsessed with reading newspapers, I read about four or five or six a day. Reading is everything to me. I think if you are going to be a successful business people you have to keep your brain exercised - reading and reading and reading. You never know what you'll learn that will help your business career” David Rubenstein “我是一个贪婪的读者。我父母买不起书给我。我会步行两英里到公共图书馆取书。我喜欢阅读。大脑是一块肌肉，你必须锻炼它。现在有40%的高中毕业生在去年没有读过书。人们不会选择读书。我试着每周读两本书。这听起来很多，但我不是在读物理教科书，我在读历史、传记和商业，我知道的东西，所以我可以很快地读完它们。我尝试阅读，因为我正在锻炼我的大脑，我认为如果不使用肌肉，大脑会萎缩。这对我来说非常重要。我痴迷于阅读报纸，我每天阅读大约四五六次。阅读对我来说就是一切。我认为，如果你要成为一个成功的商人，你必须让你的大脑得到锻炼——阅读、阅读和阅读。你永远不知道你会学到什么对你的商业生涯有帮助”大卫·鲁宾斯坦 “I read very widely, I am always reading stuff people are surprised to hear about. I spend a lot of time reading. Charlie says that he has never met a great investor who wasn't a great reader. I'd say that's mostly accurate in my experience" Bill Miller “我的阅读范围很广，我总是在阅读人们听到的令人惊讶的东西。我花很多时间阅读。查理说，他从来没有遇到过不善于阅读的伟大投资者。我会说这在我的经验中大部分是准确的”比尔米勒