Warren Buffett, the CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is considered one of the smartest and successful businessmen around the world.
Buffett has a net worth of $81.8 billion and is the seventh wealthiest man in the world as of October 12, according to Forbes’ list real-time of billionaires.
People call him the legendary investor and the “Oracle of Omaha” because of his investing acumen, thus he has avid followers who want to learn his secret to becoming a billionaire. In fact, some of his followers are willing to pay millions of dollars to have the opportunity to have a private lunch with Buffett and of course, learn from him. Proceeds from the annual lunch with Buffett go to the Glide Foundation, a charity in San Francisco that helps the impoverished, homeless, and those suffering from substance abuse.
If you don’t have millions, you can still learn from Warren Buffett by reading his annual letters to shareholders and his favorite books. One of his fundamental advice on how to get smarter and become successful is to accumulate knowledge by reading. He once said, “I just sit in my office and read all day.” He said also said, “That’s how knowledge builds up, like compound interest.”