Read & Compound

The habits

• Read: books, reports, the business pages

  Daily · ≥ 30 min

• Morning newspapers, 15 min

  Daily · at 07:00

• Quiet thinking time, no screens, 15 min

  Daily

• Read one company’s annual report

  Sat

  Read its competitors’ reports too when you can: he has said he can’t judge a company without knowing what the others in its industry are doing.

• Weekly spending check-in

  Sun

  Look over the week’s spending and ask what was worth it. He has lived in the house he bought in 1958 for $31,500 for decades.

• Read 500 pages

  Daily · ≥ 500 pages · Advanced

  Advice he reportedly gave a class of investing students, as one of them later recalled it. That is a full working day of reading, so build up to it.

Not affiliated with or endorsed by Warren Buffett. Based on publicly reported routines. General wellness information, not medical advice. Check with a doctor before big changes to your training, sleep or eating.

Optional goal

1. Milestone 1

   Set up (Day 1)

   Reading list and spending baseline

   • List 8 companies you use, own or are curious about
   • Download each one’s latest annual report
   • Write down last month’s spending by category
   • Block a daily 15-minute thinking slot

2. Milestone 2

   One business a week (Weeks 1–8)

   8 one-page notes

   • Read one annual report each weekend
   • Write one page: how it makes money and who it competes with
   • Do the Sunday spending check-in every week
   • Cut one expense that wasn’t worth it