This is Patrick O'Shaughnessy.
He's an investor, host of the popular podcast "Invest Like The Best", and an avid reader who spends 3 hours a day reading books.
Here are 20 reading tips from
@patrick_oshag:
1) Reading changes the past. This is important. The past isn’t fixed. A new book often makes you realize something essential about an old book.
2) This is why knowledge compounds. Old stuff that was a 4/10 in value can become a 10/10, unlocked by another book in the future.
3) This is why picking “best” books is hard and maybe misguided. Usually it’s some combination of books that has a non-linear impact.
4) When you start out reading, you are collecting distant dots in a constellation with no apparent connection. As you keep going, say past 100 books, you start to realize all the good ones, even those on wildly different topics, are connected.
5) In most books, even good ones, I find about 20% of the text useful. Because the past isn’t fixed, I still view this as time well spent.
6) In a small subset of books, the author doesn’t give you ore, he/she gives you gold. Impro. The True Believer. The Tiger. Bird by Bird.
7) Joseph Campbell: “If what you are following is your own true adventure, if it is something appropriate to your deep spiritual need or readiness...then magical guides will appear to help you.” That has been true for me with reading.
8) Beyond being an asset--“a stock” or sorts--it is also a “flow.” I hear runners talk abt flow state. I feel the same when reading some books.
9) Reading gets more and more enjoyable the more you do it.
10) 82 books may sound like work, but I don’t even feel it. That kind of joy is an EDGE.
11) I highlight and write notes in Kindle, and then export each book’s notes/highlights into Evernote.
12) I prefer physical books, but because I have to type up 100 notes, I can’t justify reading that way unless Kindle isn’t available.
13) I probably highlight 50-100 things in each book, and take a more detailed note on 10-20. Most notes are about building out the constellation.
14) Notes are essential. Without them, I’d forget almost everything. Sometimes I’ll just root around in my Evernote book section for hours.
15) STOPPING & SKIPPING: I stop a good chunk of books between 5-100 pages in. Never keep going if a book sucks. Most books are bad.
16) I skip a lot in non-fiction. If a paragraph’s opening sentence seems repetitive, I move to the next. The “body” is usually way too long.
17) Campbell had a great rule of thumb: the fewer citations, the better the book. This isn’t always true, but it’s true an awful lot.
18) I am increasingly tired of books which follow the “academic study cute anecdote” formula.
19) Books that use “proprietary data” are best. That data could be experience, conversations, actual data that isn’t publicly accessible.
20) I also read one book at a time. If I find myself reading a second, that means I should quit the first. So I do.