McMatt63 Posted May 2, 2014 Share Posted May 2, 2014 I just ran into Todd. Thought we needed clarification. He said it is 500 pages a week, not a day. Omaha World mis-quoted him on their article. He said he no longer counts the number, he just knows like a long term runner knows his mileage. Link to comment Share on other sites More sharing options...
Grenville Posted May 2, 2014 Share Posted May 2, 2014 Thanks for the update and clarifying with him! Link to comment Share on other sites More sharing options...
Kraven Posted May 2, 2014 Share Posted May 2, 2014 This makes me smile just thinking about all the people attempting to bang out 500 pages a day. It was and is impossible* despite claims to the contrary. 500 pages a week is of course a different story and many people are doing that. * When I say impossible, I am not referring to a single day in which it can obviously be done, but day in and day out where it cannot. Link to comment Share on other sites More sharing options...
rogermunibond Posted May 2, 2014 Share Posted May 2, 2014 *puts down reading glasses and throws 10-K to the floor* Link to comment Share on other sites More sharing options...
jouni1 Posted May 2, 2014 Share Posted May 2, 2014 now we need you to bump into ted and ask if the 500 hours were actually minutes. Link to comment Share on other sites More sharing options...
gurpaul88 Posted May 2, 2014 Share Posted May 2, 2014 500 pages a day is indeed a bit ambitious, thanks for clearing this up. Kudos to those who have actually managed or attempted the daily 500! Link to comment Share on other sites More sharing options...
ZenaidaMacroura Posted May 2, 2014 Share Posted May 2, 2014 This makes me smile just thinking about all the people attempting to bang out 500 pages a day. It was and is impossible* despite claims to the contrary. 500 pages a week is of course a different story and many people are doing that. * When I say impossible, I am not referring to a single day in which it can obviously be done, but day in and day out where it cannot. I think it can be done if you're the "boss" (per warren's case). I mean if you determine it's your job, and it's something that you enjoy, why not day in and day out? Link to comment Share on other sites More sharing options...
Kraven Posted May 2, 2014 Share Posted May 2, 2014 This makes me smile just thinking about all the people attempting to bang out 500 pages a day. It was and is impossible* despite claims to the contrary. 500 pages a week is of course a different story and many people are doing that. * When I say impossible, I am not referring to a single day in which it can obviously be done, but day in and day out where it cannot. I think it can be done if you're the "boss" (per warren's case). I mean if you determine it's your job, and it's something that you enjoy, why not day in and day out? It just isn't possible. Sure, on any one day you could do it, but every day? What if there are calls to be made? What if there are meetings? What if you guest host CNBC Squawk Box every week? These things would all take away from your 500 page requirement and then it would be that it's the exception not the rule. Of course it also depends on what is being read. Is it paperbacks or indentures? No one is reading 500 pages of indentures every day. Even if it was paperbacks it would assume that daily someone was reading an entire book, plus some more of another. Ratchet it up to something that requires an iota of brain power and it's just not possible. Flipping pages in the newspaper doesn't count. We're talking about reading something word for word. Link to comment Share on other sites More sharing options...
CassiusKing1 Posted May 2, 2014 Share Posted May 2, 2014 No offense to anyone involved, but this topic has to be one of the most ridiculous discussions on this board in awhile. Link to comment Share on other sites More sharing options...
Parsad Posted May 2, 2014 Share Posted May 2, 2014 No offense to anyone involved, but this topic has to be one of the most ridiculous discussions on this board in awhile. +1! So if he read 500 pages a day, with a plum up his bum, would everyone here attempt that too? ;D Build your circle your own way folks. It's not how big the circle is or how fast you get there, but that you stay within it and make good bets! Cheers! Link to comment Share on other sites More sharing options...
Mephistopheles Posted May 2, 2014 Share Posted May 2, 2014 Separate topic - how/where did you run into him? Did he talk about anything else? Link to comment Share on other sites More sharing options...
oddballstocks Posted May 2, 2014 Share Posted May 2, 2014 Separate topic - how/where did you run into him? Did he talk about anything else? I heard he was giving out a stack of 500 pages plus a quiz about the material. If you answered the quiz right and gave it back to him by the end of the day he'd give you a secret stock tip. Word going around Omaha is "c c b d a a d..." Link to comment Share on other sites More sharing options...
jschembs Posted May 2, 2014 Share Posted May 2, 2014 Separate topic - how/where did you run into him? Did he talk about anything else? I heard he was giving out a stack of 500 pages plus a quiz about the material. If you answered the quiz right and gave it back to him by the end of the day he'd give you a secret stock tip. Word going around Omaha is "c c b d a a d..." I thought it was up up down down left right left right b a select start? Link to comment Share on other sites More sharing options...
beerbaron Posted May 3, 2014 Share Posted May 3, 2014 Separate topic - how/where did you run into him? Did he talk about anything else? I heard he was giving out a stack of 500 pages plus a quiz about the material. If you answered the quiz right and gave it back to him by the end of the day he'd give you a secret stock tip. Word going around Omaha is "c c b d a a d..." I thought it was up up down down left right left right b a select start? CONTRA! Link to comment Share on other sites More sharing options...
stahleyp Posted May 3, 2014 Share Posted May 3, 2014 Separate topic - how/where did you run into him? Did he talk about anything else? I heard he was giving out a stack of 500 pages plus a quiz about the material. If you answered the quiz right and gave it back to him by the end of the day he'd give you a secret stock tip. Word going around Omaha is "c c b d a a d..." I thought it was up up down down left right left right b a select start? CONTRA! Man, I loved that game. 8) Link to comment Share on other sites More sharing options...
reddog66 Posted May 3, 2014 Share Posted May 3, 2014 Frankly, upon reading this I feel rather inexperienced and naïve. Still going to try the chi machine I just ordered off of amazon for back pain. Just in case it helps. Link to comment Share on other sites More sharing options...
west Posted May 3, 2014 Share Posted May 3, 2014 Yeah, well, I'm the guy who introduced Warren to Todd and I spoke to them both last week and they both said it was 500 pages a day, not 500 pages per week. Joking aside, it would be nice to have some source information on this before everyone jumps on the bandwagon and assumes that one post out of the blue makes 500 pages/week the truth and not 500 pages/day. Link to comment Share on other sites More sharing options...
peter1234 Posted May 3, 2014 Share Posted May 3, 2014 Alexander Ineichen has a nice concept: Wisdom Understanding Knowledge Information Data I think we are discussing the bottom of the pyramid here (Data input 500 pages per unit of time). How much Understanding and Wisdom comes out on top might matter as well. :) :) :) Link to comment Share on other sites More sharing options...
reddog66 Posted May 4, 2014 Share Posted May 4, 2014 "Look at this generation, with all of its electronic devices and multi-tasking. I will confidently predict less success than Warren, who just focused on reading. If you want wisdom, you’ll get it sitting on your ass. That's the way it comes." - Charlie Munger From the 2007 Wesco Annual Meeting Link to comment Share on other sites More sharing options...
Guest longinvestor Posted May 5, 2014 Share Posted May 5, 2014 "Look at this generation, with all of its electronic devices and multi-tasking. I will confidently predict less success than Warren, who just focused on reading. If you want wisdom, you’ll get it sitting on your ass. That's the way it comes." - Charlie Munger From the 2007 Wesco Annual Meeting +1 He repeated the sit on your ass advantage at the AGM. And the fact that they just have to do better than the idiots of which there is a large supply. Link to comment Share on other sites More sharing options...
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