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Deep Reading: Everyone knows Buffett as the Oracle of Omaha, but not many are aware that he is also an avid reader. Arizona State University in the United States conducted an interview with Buffett; an excerpt is as follows: Question: How do you keep up with the media and this era of crazy information overload? Buffett: I read constantly, maybe five to six hours a day. I didn’t read as fast when I was young as I do now. I read five daily newspapers, as well as many magazines and corporate annual reports; there are also many other things. I have always enjoyed reading, for example, I like to read biographies. Question: Why are you so fast at processing information? Buffett: I have some documents in my mind; when someone mentions an investment in a particular company or securities, it usually takes me two or three minutes to figure out whether I’m interested in making such an investment. I won’t waste any more time on things that interest me not. Remember: it’s not intelligence that enables reading, but reading that makes one intelligent. Moreover, only deep reading can make people smarter. Deep reading does not involve reading literary works, but rather professional books and documents; it requires significant time and effort. Casual reading done while waiting in elevators, for buses, while walking, or using the restroom cannot be considered deep reading. Those with a high rate of comprehension from reading are able to quickly transform any concept or knowledge they understand into their own skills. They can apply it without hesitation, and they can also draw parallels and integrate it with their existing skills.