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Based on the most helpful WSO content, reading habits in high-pressure finance roles like IB or consulting vary widely, but here are some insights:

  1. How Much Do People Read?

    • Some professionals aim to read 2-3 books per month, which adds up to around 24-36 books a year. This is often seen as a manageable goal for those who prioritize reading despite their busy schedules.
    • Others may focus on reading selectively, using the "20-second rule" to determine if a book or article will benefit their career in the next three years. This approach emphasizes quality over quantity.
  2. What Topics Do They Read About?

    • Finance & Industry-Specific Knowledge: Books like More Money Than God (hedge funds), Flash Boys (high-frequency trading), and Money Mavericks (hedge fund management) are popular for understanding the industry.
    • Personal Development & Networking: Titles like Never Eat Alone (networking) and Influence: The Psychology of Persuasion (social psychology) are highly recommended for building soft skills.
    • Behavioral Economics & Psychology: Books such as Freakonomics and Poor Economics are valued for their insights into human behavior and decision-making.
    • Philosophy & Risk Management: Works like Fooled by Randomness by Nassim Taleb are appreciated for their exploration of chance and risk in finance.
  3. When Do They Read?

    • Reading is often squeezed into commutes, weekends, or late evenings. Some professionals also use downtime during travel or lighter work periods to catch up on reading.
    • Many emphasize the importance of active reading—engaging with material that directly contributes to professional or personal growth.
  4. Other Reading Habits:

    • Staying updated with daily/weekly publications like the Financial Times, Wall Street Journal, The Economist, and blogs like Farnam Street is common.
    • Some professionals prefer skimming headlines and summaries for current events, focusing their deeper reading on long-term learning.

In high-pressure jobs, the key is to prioritize reading that stretches your knowledge and aligns with your career goals.

Sources: Advice for an ex-IB MD: What to read if you want to go into finance, Reading List for the Incoming Analyst, 11 Steps to Becoming a Finance Jedi, Leaving IB to read books for a year and maybe join a start-up

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Nowhere near as much as I should, but about 8-10 books/yr but would like to personally increase that. I'm in a book club that meets virtually/over dinner sometimes and it's been all kinds of genres.

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.
 
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50+ books a year, 5 or so of which are non-fiction. It sounds like a lot, but it isn't really. An hour or so a day and you can crush a book a week without really trying. Last year I hit 60. 

I used to only read those same 5 non-fiction books per year, but then I realized that knowledge accumulation is only one reason for reading and you're really limiting yourself if you only approach it that way. Guys have a habit of thinking about reading like it's homework, but it can be a lot of fun too. 

In a world where TV shows take 2-3 years between seasons, maybe 4-5 movies a year are actually good, maybe 1-2 video games per year are actually good, streaming services are increasingly slop, and social media is a black hole of time wasting, fiction books are an excellent source of entertainment. There is something for everyone and there are DECADES of backlog to catch up on. 

Commercial Real Estate Developer
 

Physical books, but there's not much difference, no? Still the same words on a page whether it's a paper page or a kindle "page." 

As far as audio books go, I'm too ADHD for that. I like having the words in front of me. 

Commercial Real Estate Developer
 

Being married with no kids yet certainly helps, as I’m neither chasing women in bars nor toddlers around the house, but really it just sounds like a lot of reading. 

50 pages an hour is a fairly normal reading speed according to the internet. So if you read for an hour a day during the week and maybe two hours on the weekends, that’s 450 pages, or a pretty hefty book. Plenty of novels are 250-350 pages too. 

You might think you’re too busy for an hour a day, but check your phone’s daily screen time. I bet you can find an hour. Like anything, you have to be intentional about it until it becomes a habit. 

And even if you cut that in half and just read a book every other week, you’re still at 25+ books a year, which has to be in the top 0.1% of Americans. 

Commercial Real Estate Developer
 

FinnesseGod

Any recommendations for fiction? I got into Rebecca Yarros' Dragon book series which has been... an interesting read. A really old series I loved was the Pendragon series. I pick up a good murder mystery every now and then, but always looking for ideas.

Lmao yeah I wouldn't bother with Romantasy. Tiktok smut reading isn't my style. 

If you're looking for fantasy specifically, check out China Miéville, Christopher Buehlman, Hiron Ennes, and Joe Abercrombie. 

For thrillers and the like, SA Cosby and Gillian Flynn write good stuff. 

For general fiction, you can't go wrong with Cormac McCarthy. 

Commercial Real Estate Developer
 

Monaco Man

50 books a year???? Assuming they’re 250 pages a book (not significant reads) that’s 34 pages a day. Which calls for some discipline and nearly everyday reading.

They're probably more 300 on average. Maybe 350. 

But 34 pages a day isn't that much at all, man. Goes by fast. 

Commercial Real Estate Developer
 

4-8 books/yr. exclusively non fiction.

Most time spent reading online - articles/research papers/reports,

I am a big fan of reading insight pieces and industry advancements.

-- Thank you
 

If you're into geopolitics, Foreign Affairs magazine is really high quality and a lot of their journalists have been government advisors or worked for reputable security institutes / think tanks. Foreign Policy is good too but my paywall remover doesn't work on that

 

Second that, you get some good articles from some think tanks / institutes which can be heavy to read (some 20-30 minute reads) but you pick up a lot of that. I've been listening to a lot of podcasts and now listen on 1.5x speed so I can fit more episodes in, particularly on the Iran conflict atm

 

90% of my reading is diligence, financial articles and professional literature, so when I actually pick up a book it defaults to finance anyway. More Money Than God is phenomenal though.

The real problem is growing up on Bulgakov and Dostoevsky then spending years deep in finance lit. Your brain rewires for bullet points and executive summaries, and suddenly classics feel like switching from a sprint to a marathon mid-stride.

Still, I force myself through at least 2-3 philosophical books a year (Leo Strauss on esoteric writing is a hidden gem) and 2-3 classics. Genuinely the best antidote to your brain shrinking to the size of a DCF model.

 

I'm in school, so it is mainly textbooks and HBR case studies.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

30-40, depending on the length of the book in question.  Almost entirely nonfiction, but if there is some good scifi/fantasy being published, I'll definitely go after that too.

I think it is really important to read full-length books that aren't related to whatever field you work in.  First off, reading is a skill, and valuable one, and even if you read fiction novels, you're stretching your brain in a different way that cannot help but be useful.

Second, being well-read is an exceptionally useful thing for a career.  At some point, most people on this site will live or die by the business they bring in, not how quickly they can build a DCF model, so having some ability to relate to other people, especially for more "highbrow" topics like books or art, is actually quite important.

 

Last year I was a book-worm for my standards, think I read 12-15 books from Jan-Nov. Stopped over the Xmas period as I got a bit busier and then went home for the holidays and I've actually struggled to read more than 10-20 pages a night. I read a lot of non-fiction; a lot of geopolitics, Ray Dalio's last 2 books, a few finance and economics ones as well as some domestic politics. I want to start reading a lot more fiction; the two best fiction books I read last year where the Wizard of the Kremlin which is semi-fiction about Putin's rise and how he established a stronghold over the Oligarchs. Fascinating book and not too long c.320 pages. The other one was Damascus Station by David McCloskey (former CIA analyst) about the Syrian Civil War which was awesome too and fairly realistic. 

 

3-4 books a year. Recently Patti Smith, the Idiot, the brothers karamazov, a couple Hemingway novels and his short stories (across the past 10 years really: sun also rises, farewell to arms, snows of Kilimanjaro)

Couple e books: Keith McNallys book, Matthew Mcconaugheys book.

Interested what others are doing. Need to optimize to read more functional stuff. But don’t want corny stuff

 

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