Warren Buffet's routine that could make you smarter

A recent CNBC article talked about one of the many habits that Warren Buffet practices that could explain his sensational investment acumen. The article states that Buffet spends as much as 80% of his day reading various material such as newspapers and business books.

As it turns out, reading can benefit you in a multitude of ways.

• You're more likely to be rich. A study conducted by Author Tom Corley showed that wealthier people tend to limit their television consumption to under one hour per day.
• You're more likely to be smart because of increased vocabulary.
• You're more likely to be emotionally intelligent
• You're more likely to stay mentally sharp

Warren Buffett credits many of his great money decisions to his voracious reading habit. He says he starts every morning by poring over several newspapers and estimates he spends as much as 80 percent of his day reading. The CEO of Berkshire Hathaway, when asked once about the key to success, pointed to a stack of books and said, "Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it."

"I read and think," Buffett once said. "So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life."