Todd Combs, an investment strategist at Berkshire Hathaway, got good advice when he first met his boss, Warren Buffett, in 2000 when he took an MBA at Columbia Business School. At that time, Warren Buffet spoke to Combs and 165 other students during the investment class.
Responding to the question of how to prepare for an investment career, Buffett told students to read 500 pages daily. Buffet is the third richest man in the world by 2015 Forbes version of this likes to read as planting flowers are still bud.
"That's how science works, it builds, like multiple benefits, you can all do it, but I guarantee that not many of you will do it," Buffett said.
Combs who is now 47 years old continue to remember his boss's advice to the development of his career. When he started his investment career, he started reading more, sometimes reading up to 1,000 pages a day.
"Combs's approach is a race against time to consume information, saying one person is familiar with his strategy during that period.If he is not in a meeting with his analyst or resting for training, he must be reading, reading gallantly seems to help him advance," Bloomberg said.
Combs began his career as a financial services analyst after graduating from Columbia. He joined Berkshire Hathaway in early 2011 as an investment manager and he has been queuing up to manage Berkshire's large investment plot, as soon as Waffet came out.
Some shareholders even speculate that someday Combs could become CEO. The investment manager, who recently also joined Buffett, Jeff Bezos and Jamie Dimon to change the American health system, also find time to read.
"I read about 12 hours a day, our office is like a library, so I read annual reports, conference call transcripts, trade magazines, etc.," he told Florida State alumnus magazine last year.
At this point, he records more reading times than his boss, who spends five or six hours a day reading books and newspapers.
"I read and thought, so I read more and think, and make fewer impulse decisions than most people in business I do it because I like life like this," Buffett said.
Currently, Buffett is the largest commissioner, president and shareholder of Berkshire Hathaway.