Bill Gates, Elon Musk and Books for Success

Bill gates, Elon Musk and books for success.

The books the most successful people alive today recommend might surprise you. Elon Musk mentions The Lord of the Rings and Douglas Adams’s Hitchhikers Guide to the Galaxy more than once when listing must-read books. 

These books might seem like strange choices, but when you think about it these and similar books start the engine of creative thinking. The technology Tesla uses to manufacture electric vehicles is not new technology. Some of the technology used is 18th century knowledge, even more from the 19th century and early 20th Century. The magic of Elon Musk is applying this knowledge in novel ways. Remember, electric cars came before the internal combustion engine (ICE). The ICE won until Musk built electric vehicles with existing technology that really worked. Then he revolutionized batteries.

Bill gates, Elon Musk and books for success.

“You can become an expert at anything if you read enough books.” —Elon Musk

Yes, Musk and Company came up with new technologies, usually building off existing technologies. Technologies known for 50 years are now for the first time since, ah, well, Nikola Tesla, being built upon. And the push forward continues. What was once unthinkable is now possible. Tabless batteries are now a reality. And new manufacturing systems are making batteries faster and cheaper.

So how did a kid from South Africa, uprooted to a new home in Canada and later America, do it? In his own word, he was “raised by books”. 

It gets even better. Elon Musk is not a rocket scientist, yet he runs a leading space launch company: SpaceX. Once again, old technology is being put to new uses and doing the once unimaginable. When asked the secret, Musk simply stated, “I read books.” When pressed, Musk went on to explain you can become an expert at anything if you read enough books. And Elon is a living example. His claim that he once read 10 hours per day does not seem like an exaggeration. 

Bill Gates echoes similar opinions on reading. Gates takes time for what he calls “Think Week”. This is a time where Gates sneaks away to a quite place with a load of books. He finds as many books as possible on an issue he is trying to tackle and immerses himself for a week on the subject. Seven days later he is a much smarter man.

Gates makes time for two Think Weeks per year. Some of the world’s most pressing problems, many thought intractable, get new life on the day after a Gates Think Week.

People are interested in what Bill Gates reads. His Gates Notes’s selections are must-read material. And those are only the books he recommends. There is no doubt he reads many more books than just those recommended.  

When Gates was asked if he read the Russian novels he stated he had read them all. Why such strange reading for such a beautiful mind? The Russian novels referred to are the great works of Tolstoy, Dostoevsky and others during the Golden Age of Russian novels. What makes these novels so special? They don’t reveal some great technology to help civilization run smoother, do they? 

Like Musk, Gates reads novels that create a spark in the mind. The Russian novels in question are more than mere stories. They reveal something about the human mind, how we think and react to the world around us. The Russian novels tell us something about us; make us feel uncomfortable about something inside us. By looking into the mirror with a new set of eyes, Gates allows his mind to expand to wider horizons. Technology changes; people are still the same animal.

Why do I bring up the reading habits of Elon Musk and Bill Gates before sharing my latest reading recommendations? Because my current list is different from any I recommended in the past. Like Gates, I once read a lot of novels; not so much anymore. Yet, this current list of seven books you should curl up with this winter contains more novels than non-fiction. 

There is a good reason for the temporary change in my reading habits. I found some excellent books I knew I had to consume and they happened to be novels. I knew each of these works would educate me equally or better than most non-fiction books I absorbed. 

There are a few doorstops in the group so you will be blessed with ample reading material as the weather turns chilly. Each is worth your time. And as always, share your latest finds from the bookshelf in the comments section so other readers and I can enjoy your discovery, too.

Books for Success


The Brothers Karamazov

by Fyodor Dostoevsky

I start with one of the Russian novels. Crime and Punishment was such an incredible book I still can’t get it out of my mind. I was told The Brothers Karamazov was even better. 

The Brothers Karamazov takes a deep look into the human mind and uncovers all the things we don’t always want to see, but must to learn what makes us what we are.

It’s hard to go wrong with Dostoevsky. His novels grant you ample time to examine your own inner working. In Crime and Punishment Raskolnikov commits the perfect murder against an undesirable woman and gets away with it. Then his own mind drives him to madness until he finally confesses his crime.

The Brothers Karamazov dives even deeper into the psyche, examining weighty issues like religious faith and patricide (the killing of your father). 

The early part of the book dives deep into Christian faith. The story then focuses Mitya, one of the brothers. Mitya is a troubled man, leading a life of debauchery. He eventually is accused and convicted for the murder of his father. Yet he is innocent. It is his half brother who commits the crime and commits suicide before clearing Mitya in court. 

Mitya’s life is shallow. But deep down he is a man of honor. His brother, Alyosha, a monk, helps Mitya find his way to an honorable life, if not to a Christian faith. Alyosha give the Speech at the Stone in the novel’s final pages. It is without a doubt one of the most moving words ever put to print. That short speech is a manifesto for the early retirement, financial independence movement, and it was published nearly 150 years ago!

I picked up a new habit this year. When reading classics,  I follow up by borrowing the movie from the library, if available. The Brothers Karamazov is indeed a movie with Yule Brenner and William Shatner (Captain Kirk never looked so young). The movie was a dud. The novel is so rich and detailed, with so much happening, the movie didn’t have a chance. The movie is impossible to follow if you didn’t read the book first and the movie is not true to the book, IMHO. Read the novel instead.


The Great Influenza: The Story of the Deadliest Pandemic in History

by: John M. Barry

You know as well as I why I read The Great Influenza. I, like you, want to know how society, the government, the medical community and individuals acted during a time of pandemic in modern times. The Great Influenza provides plenty of details on all this.

The Spanish Flu pandemic is eerily similar to what we are experiencing in the current pandemic. The name of the disease changes, but people’s reaction does not.

What I found most surprising is how similar the response and reaction was to the Spanish Flu and the current pandemic. I checked several times to verify this books was published many years prior to COVID-19. Once again, times change; people don’t.

The Great Influenza is more than a timeline of the Spanish Flu. This book digs into the lives of the people who dealt with the medical disaster unfolding. Many characters could easily blend into our modern news feeds. 

Another thing that interested me is how young modern medicine was in the U.S. at the time compared to Europe. It was only the generation experiencing the pandemic that acted in a modern medical manner. The medical dark ages in the U.S. was barely 20 past.

Much of our modern medicine has roots to 1918. There were already vaccines back then and the early hope was a vaccine could solve the Spanish Flu pandemic. It wasn’t to be. Medical researchers also went down a wrong path, convinced the cause of the Spanish Flu was a bacteria; scientists didn’t have microscopes strong enough to see viruses yet. But some medical doctors suspected there was something more to the disease.

The most interesting part of the story was the spread of the Spanish Flu. I wanted to know how disease spread in 1918 compares to the spread of COVID-19 today. The similarities are eerie. Once again, The Great Influenza could be a news post from today. People used the same arguments against masks when it was just as obvious as today that masks slow the spread. 

The economy was shut down, just like today with the same results. People found ways to get out and gather. It was better to die than to hunker down for an extended period of time. The name of the disease changes, but the reaction of people is a constant.

You will enjoy reading The Great Influenza. A pandemic from 100 years ago will give valuable insights into our modern scourge and how it might end.


How Not to Be Wrong: The Power of Mathematical Thinking 

by: Jordan Ellenberg

How Not to Be Wrong has a certain appeal. Call it a clickbait title if you want, but it really is a book about how not to be wrong versus how to be right, which is not always possible.

I found this the most challenging book of the lot. I took the time to work through the thought process on why certain things are as they are. For example, we all should know the lottery is always a bad idea. Except, it isn’t! There are a few instances where the lottery in the last few decades in the U.S. delivered incredible odds with a virtual guarantee of a massive profit. The information isn’t to encourage you to waste your money on lottery tickets. Instead, it helps you calculate what the real value of a lottery ticket (or any other financial instrument) is and when the lottery officials make a mistake you can average out the expected value with a simple strategy.

What was most interesting to me was the mathematical proof elections don’t always reflect the will of the people in democracies. The more people in the race, the worse it gets. That is why the candidate for each party in the U.S. presidential elections is not usually the real choice of the people. There is no such thing as public opinion, as one chapter title states. Once again I turned to the publication date to make sure this wasn’t preaching about the current election. Nope! Published in 2015.

How Not to Be Wrong takes more time to read as you will want to stop at times and work through the math and logic behind it. Math will not always make you right, but it can make sure you are never wrong. There is a difference.


The Complete Works Of Raymond Chandler

Reading the lifetime’s work of an author is going to take time. Good thing the stories are so darn good. 

Raymond Chandler gives you ~2500 pages of engaging reading. If you love noir, as I do, you will find Chandler addicting. Hard-boiled detective novels of the 1930s era, with the tough talk and wise cracks had me wanting more when I finished those thousands of pages. 

Seven novels — including The Long Goodbye and The Big Sleep — one screenplay, numerous essays and a large number of short stories fill these two volumes. (For Amazon purchase here: Volume 1 and Volume 2). With these books in hand you will pray for a snow storm to close the roads this winter.

I watched a few movies from the library on Chandler’s novels. They were actually pretty good and true to the printed story. Check with your library.


The Maltese Falcon

By: Dashiell Hammett

While I enjoyed the descriptive writing of Chandler, I was willing to read another classic in the same genre because I was missing the hard-boiled detective story before I closed the pages on Chandler. The Maltese Falcon is a fast read and an excellent story. (The movie from the library was also good and stayed true to the novel.)

Noir just does something for me. It seems over the top at times with the smart aleck talk and testosterone behavior. I think what is so powerful about these novels is that it is the way we want ourselves to act in the face of danger: with courage, intelligence and no fear. 

Novels, done well, can teach as much or more than any non-fiction book. Chandler and Hammett tells us something about ourselves in a way different than Dostoevsky. Yet, powerful understandings all the same. 

This time I promise to not give away the plot. 

Consider borrowing this one from the library. I like owning many of the books I read and bought this one as well. However, except for the most diehard bibliophile, the library book will do just fine.


Atomic Habits: An Easy and Proven Way to Build Good Habits and Break Bad Ones

By: James Clear

Of all the books on this list, Atomic Habits is a book you need to own. You will read, and re-read, this book again and again.

The right habits are the most powerful tool you have in reaching your goals and dreams. Bad habits destroy your chance to realize your goals and dreams.

Every time I ask for great books people have read on this blog’s Facebook group, Atomic Habits always came up. I had no choice at last; I had to read the book my groupies were talking about.

The title is self explanatory. Rather than give a blurb to a number of strategies in the book I will share just one and how it impacted me.

It might be hard for people who follow my work to realize I can procrastinate periodically. A good example of this is during tax season. The hours get long and I get tired. Difficult returns gravitate to the edge of my desk and easier returns get prepared. Returns that I am waiting for more documents on start to age. Before long I believe it will take a lot of time to complete each of those returns. When I finally get desperate (the client is mad) I open the folder and start. And to my surprise it almost always takes less time than anticipated.

While I am not perfect, I have made improvements using James Clear’s advice. He said I should open the file (start the blog post, open the tax file, answer the emails, film the video, on ad nauseum) and just give it two minutes. If it doesn’t work I have permission to put it back away and deal with it later. In all but rare cases, once I start I keep going and the tax return is finished, the client is happy and whatdaya know, I get paid. 

The best part of Atomic Habits is the strategies are not hard. It is so simple even a tax guy can do it. You will find value in building habits that support your goals. Therefore, I heartily recommend Atomic Habits for your night stand.


The Plot Against America

By: Philip Roth

The current political climate has brought novels of yesteryear with similarities to today to the forefront. Previously I recommended Sinclair Lewis’s It Can’t Happen Here. In a similar vein I recommend The Plot Against America.

The story follows a Jewish family in an alternate history where Charles Lindbergh is elected president in 1940 and sides with Germany, Hitler and the Nazis. Each step, as the story unfolds, is thought provoking. Written well before Donald Trump even considered running for president, the action in The Plot Against America can easily have come from this morning’s news feed. 

Riveting and chilling. It is impossible not to find your mind wandering to that place where you were that Jewish family or a Charles Lindbergh supporter. 

Pulled from the front pages of 1030s newspapers, The Plot Against America could have been a real possibility. And as all the novels is this selection reveal, we all have something to learn if we allow ourselves to look inside our minds.

One spoiler: Charles Lindbergh is shown in such a negative light in this novel I wondered how his descendants received the novel. Lindbergh was a know anti-Semite. There was something chillingly real about the story. It was totally believable. Toward the end of the novel we discover Charles Lindbergh was not the monster we thought he was. He commits the ultimate act of bravery and sacrifice for his country which finally allows the U.S. to enter the war against Germany and bring the Allies to victory.


The above selections are a good reading list. Whether you read one, some or all of the suggestions, you will be amply rewarded for the time invested.

A good book never goes to waste. You can learn something from a book, and if you are real lucky, you might learn something about yourself. That makes the world a better place…for you.

More Wealth Building Resources

Worthy Financial offers a flat 5% on their investment. You can read my review here. 

Personal Capital is an incredible tool to manage all your investments in one place. You can watch your net worth grow as you reach toward financial independence and beyond. Did I mention Personal Capital is free?

Medi-Share is a low cost way to manage health care costs. As health insurance premiums continue to sky rocket, there is an alternative preserving the wealth of families all over America. Here is my review of Medi-Share and additional resources to bring health care under control in your household.

QuickBooks is a daily part of life in my office. Managing a business requires accurate books without wasting time. QuickBooks is an excellent tool for managing your business, rental properties, side hustle and personal finances.

cost segregation study can reduce taxes $100,000 for income property owners. Here is my review of how cost segregation studies work and how to get one yourself.


Finding Solitude in a Life of Success

End stress the way successful people do. Find solitude in the chaos of life. Reduce debt and achieve financial freedom without stress. Find solitude, stillness. #stress #stressedout #successfulpeople #success #stillness #solitudeIt’s hard to miss the train of articles flowing through the news feeds of some young person retiring after paying off a pile of debt or a gazillion dollars in student loans. 

Personal finance has turned into early retirement, world travel and extreme frugality. These things are not always compatible. Putting these goals into hyper-drive can lead to serious levels of stress. And when debt is more stubborn than indicated by the news feeds it can play with the mind.

Life is fast paced as it is. Increasing the pressure in the pressure cooker of life can have negative health consequences. We run faster and deny ourselves more in an attempt to pay down debt and reach financial independence at a young ago. The FIRE community promotes this more than any other group.

None of these things are wrong in and of themselves. Paying off debt is always a good idea and student loans are especially toxic. I understand why people want to unload the burden of debt. A future of 30 years digging out from student loans is not motivating.

Digging in for the long slog messes with the mind. Getting rid of clutter and every discretionary expense is a serious burden in Western societies where affluence is everywhere. The mind wanders to the horizon looking for a way out. World travel is very appealing and certainly beats the daily grind required to achieve lofty goals set by personal finance bloggers. 

The worst part about this is “others” setting your goals. Mr. Money Mustache (MMM) retired at 30 and the bar is now set at that level.*  I remind you that was his goal and he started early enough to accomplish it. Don’t be Pete (Mr. MMM)! Don’t be any blogger or personality! Be you.

Keeping your thoughts straight and your goals reasonable is hard. And once again my favorite author, Ryan Holiday, has delivered an important package to accomplish your goals while retaining sanity. 


Stillness is the Key

Holiday’s latest book hit the bookstore shelves October 1st. By October 2nd I had devoured the entire text. 

Stillness is the Key (affiliate link) is Holiday’s finest work to-date. For some reason the guy keeps getting better and better. 

Ryan Holiday is about as far outside the FIRE and personal finance communities as you can get, yet he delivers a message that sounds mighty familiar to the crowd this blog runs in.

This post is a review of Holiday’s latest; it is also a message on how to live a better life.

Life is filled with stress. Since I’m one of the few in the FIRE and PF communities taking consulting sessions I get to hear a lot of stories first hand. People have real challenges and they hurt, deep inside. They want so badly to unyoke themselves from student loans and debt. So badly want to reach financial independence so they can pursue their dreams. The ones feeling wanderlust to travel the world are the minority. So many want to start a business or explore their creativity. They have beautiful minds.

Ryan Holiday has always been a fan of slowing down and experiencing life. It is a lesson this author struggles to learn (or at least heed). In Stillness Holiday gives us 34 stories to motivate us to stillness, that peaceful calm where we are content. 

The stories resonate. Readers of this blog and others in the FIRE and PF genres are familiar with advice on “Enough”, “Beware Desire”, “Get Rid of Your Stuff”. We are attracted to minimalism. Stuff is the beginning of suffering because we know:

We don’t own stuff; stuff owns us.

Where this blog has stopped short Holiday has pushed forward. Learning to “Say No” is a good first step and one this accountant struggles with. Our lusts are not always stuff. But you can’t help anyone else unless you first take care of yourself. That is why airlines warn you to put on your mask before helping your child in the event of an emergency. It works that way in all areas of life.


Highlights From the Book

I hope a few highlights will whet your appetite for this incredible book. Once you are done with this post I hope you run to your library to check out a copy or pick up your own copy from the bookstore or Amazon. 

The whole point of this book is to get you to slow down and enjoy life. Stillness is the Key has three sections: Mind, Spirit, Body. For a full, satisfying life you need to attend to all three.

Find peace and quiet in a stressful world. #stress #peace #quiet #stillness #success #stressedout #stressed #stressIn these pages you will see how Churchill kept his poise while fighting against bad odds in World War II. We pay a visit to Tiger Woods as he hones his craft to be the best his sport ever saw, followed by a humiliating and public collapse; as Tiger Woods works to bring his life back with the cameras always rolling.

We also visit President Kennedy during the Cuban Missile Crisis when the whole world was at stake. Is there something we can learn from a leader during this time of ultimate challenge and risk? It is doubtful anyone reading this will ever make a decision of such importance. Yet Kennedy found a place of quietness, solitude and stillness during the crisis. It may have saved the world. We can learn from that.

Ryan Holiday is cautious with his time. He practices what he preaches. It shows. His work is not rushed. The writing tight and concise. He feels no need to puff up the size of the book. Tell and show what needs telling and showing and move on. 

Are you tired? I know I am. Often. Ryan Holiday suggests we get some sleep. The advice sounds so simple, yet so many don’t listen. Holiday shares the fall of American Apparel. He had a front row seat in the demise of this once popular brand. It was American made clothing that actually sold! But for a variety of reasons the company failed. I’ll allow Holiday to explain how lack of sleep destroyed this once great company, along with all those jobs:

When Dov Charney founded American Apparel, he had the notion that he would be a completely accessible boss. As the company grew from a dorm room operation to a global retailer and one of the largest garment manufacturers in the world, he stuck to that. In fact, his ego swelled at the idea of being at the center of every part of the business.

This “ego” Holiday speaks of we are all subject to. It is the reason we have a difficult time saying”no”. (I’m notorious at saying no, but getting better. Holiday has been a powerful guide in helping me limit demands on my time so I can focus on the important stuff.) We think we are so all-mighty important. And yes, there is a chapter on dealing with your ego.

The issues at American Apparel got worse as the company grew. Charney was under tremendous time constraints due to his always open-door policy. Ryan Holiday advised Dov Charney at the time to no avail. Again we listen to Holiday:

It was this extreme, cumulative sleep deprivation that was the root of so much of the company’s catastrophic failure. How could it not be? Research has shown that as we approach twenty or so hours without sleep, we are as cognitively impaired as a drunk person. Our brains respond more slowly and our judgement is significantly impaired.


Think Week

There are too many topics from the book to cover in a short blog post. An important one I heard before I want do want to share. 

Bill Gates, the founder of Microsoft, has what he calls a “think week”. A few times a year he removes himself from all the distractions of life to read and think. Gates has this place in the woods where he brings a load of books and his thoughts. 

Gates spends almost all of think week deep in thought and reading material applicable to the challenge he is working on. This is not a vacation. This is hard work digging through the issues of a problem. He only takes time off for a walk and sometimes to play bridge for a short while.

At the end of his “think week” Gates is recharged and energized. The quiet time, while technically work, recharges his batteries. He now has a well thought out plan to deal with the problem he retired to his cabin in the woods to solve.

Neither you nor I need to rise to the level of Bill Gates to find value in a think week. I find myself over scheduling (something Ryan Holiday warns against often in his writings); struggle with saying no. When life is packed so full there is no time to think problems through. If Dov Charney could have learned to turn off sometimes American Apparel might still be a brand we talk about.

I’ve committed to my own think week. As Gates, I will stowaway to a place of quiet and solitude to immerse myself in deep thought. Twice a year is a good number of think weeks. If you notice I stop posting on social media and a blog post is suddenly missed or late you will know what happened.

Gates has enough money to have the kind of “think week” he wants. You and I are more economically challenged. I suggest a quiet hotel in some out of the way small town as a good possibility. On the way to a conference this past spring I took four extra days to sit in a hotel in southern Indiana. I read and thought. Each day I took a walk to clear the mind. It was refreshing.

Think week needs to be alone time. That may not be possible for you. Money might be tight. A hotel or cottage might not be in the budget. Is their a spare bedroom in your home or apartment? Basement? Attic? Maybe you need a friend with a spare room to let you bow out of life for a week to refocus your efforts. Be creative. This is important.


Final Sale

This is my final chance to make the sale. I have to do it because it is so important. Because you will benefit so much from this information.

Here is a quick rundown of a few more topics covered:

Stillness is the Key to a life a happiness and contentment. Shut out the noise of modern living and enjoy the stillness of true happiness. #happy #happiness #RyanHoliday #stillness #peace #solitude #quiet #stress #stressedoutFind stillness (quiet, solitude, rest) by being present. Live in the moment. Slow down enough to know what the moment is, experience it.

Limit your inputs! Radio, TV, and social media in moderate doses only. We hear this all the time on personal finance blogs. We hear it so often because it is important. Learn to tune out the noise.

Slow down, think deeply, empty your mind. Cultivate silence. Learn to enjoy solitude. In the quietness we discover who we really are.

Seek wisdom. Start a journal. Avoid ego. And most of all, let go. Let go of all the things hurting you or holding you back. These roadblocks become apparent in the stillness. 

Choose a virtuous life. Beware desire as this is the path to pain and suffering. Bathe in beauty. Experience the gift of life and all the wondrous things around you. You can travel the world sitting still in one spot. 

Conquer your anger, hate and thoughts of revenge. Accept a higher power. Cultivate relationships that are nurturing. 

Take a walk every day. You will enjoy this chapter. It is so important to step away and collect your thoughts daily. A casual walk does magic. 

Build a routine. Seek solitude. Find a hobby. Routine provides framework to your life. Once again we use the word solitude. It is an important word to remember. A hobby allows your mind to expand and think while you create. What a wonderful gift!

Finally, act bravely. In the stillness you will find courage; in the stillness you will find meaning. 

I highly recommend reading Stillness is the Key. It is well worth the investment of your time and money. It is a book you will return to often for guidance. 

Now close your eyes and feel the silence, the stillness, the solitude, the freedom from stress. 



* About 20% of my consulting sessions come from people following the FIRE community and feeling like a failure because they are approaching 40 and haven’t retired yet. Even had a few struggling emotionally in their late 20s as they realize they will not be retired or financially independent by their 30th birthday.



More Wealth Building Resources

Credit Cards can be a powerful money management tool when used correctly. Use this link to find a listing of the best credit card offers. You can expand your search to maximize cash and travel rewards.

Personal Capital is an incredible tool to manage all your investments in one place. You can watch your net worth grow as you reach toward financial independence and beyond. Did I mention Personal Capital is free?

Side Hustle Selling tradelines yields a high return compared to time invested, as much as $1,000 per hour. The tradeline company I use is Tradeline Supply Company. Let Darren know you are from The Wealthy Accountant. Call 888-844-8910, email or read my review.

Medi-Share is a low cost way to manage health care costs. As health insurance premiums continue to sky rocket, there is an alternative preserving the wealth of families all over America. Here is my review of Medi-Share and additional resources to bring health care under control in your household.

QuickBooks is a daily part of life in my office. Managing a business requires accurate books without wasting time. QuickBooks is an excellent tool for managing your business, rental properties, side hustle and personal finances.

cost segregation study can reduce taxes $100,000 for income property owners. Here is my review of how cost segregation studies work and how to get one yourself.

Worthy Financial offers a flat 5% on their investment. You can read my review here. 

What I am Reading

20160312_113046Charlie Munger, the right hand man of Warren Buffet at Berkshire Hathaway, is quoted as saying he never met any wise person who did not read a lot. Reading is how we learn about the world around us. We live better when we educate ourselves. Every year I read 20 – 30 books of substance and a handful of entertaining novels I think have a value lesson to teach. Reading is as important as breathing. Many of the greatest books I’ve read were introduced to me the same way you are being introduced to books here, from a blog.

This list is by no means comprehensive. Periodically I will add more posts with a list of books I feel are significant. Most of you have already read several books on this list. No surprise there; people interested in bettering themselves will discover these gems on a regular basis all on their own. There will be a few you have not heard of and now is your opportunity to add to your wealth of knowledge.

Most of these books are available at our favorite meeting place: the library. I recommend visiting your local library and picking up a few books from the list below and few additional nuggets you discover in the House of Knowledge. Some books are too good not to own; I understand. I have provided links for most of the books to Amazon.

The Power Broker: Robert Moses and the Fall of New York, by: Robert A. Caro

The story of Robert Moses, the greatest builder America ever saw, reveals how our modern world was created in the mind of a genius who never held public office, yet was one of the most powerful men to live in the 20th Century. This massive book will have you eagerly anticipating the fall of Robert Moses. His Machiavellian wielding of power crushed everyone who stood in his way, even Franklin D. Roosevelt. Moses finally gets his moment of humility. It is then the reader realizes how important Robert Moses was to our nation. Robert Moses knew how to get things done. His energy knew no limits. The reader is left wondering how this one man could do so much. The story of Robert Moses is motivating. Reading The Power Broker encourages us all to get out there and get things done.

The Millionaire Mind and The Millionaire Next Door: The Surprising Secrets of America’s Wealthy, by: Thomas J. Stanley

The veneer comes off the mythos surrounding millionaires when Thomas J. Stanley performs the most in-depth research on America’s wealthy. The illusion of fancy cars and big houses gives way to truth — the wealthy are actually boring. They save a massive percent of their income and invest; they marry and stay married; the wealthy live in average neighborhoods and live in normal homes; they drive reasonable cars; many made their wealthy by owning a business. The average American saves too little and spends too much on wasting assets like fancy cars. These two books are required reading for anyone interested in early retirement and building wealth.

America’s Cheapest Family Gets You Right On the Money: Your Guide to Living Better, Spending Less, and Cashing In On Your Dreams, by: Steve and Annette Economides

With a name like Economides they must be good with money. The lessons this large family shares about money are valuable for everyone. Spending less and enjoying life more are easy when you think about it. The Economides provide a simple roadmap to frugal living without resorting to coupon clipping or other such crazy time wasters. Learn how the Economides shop for groceries only once a month, spend $350, and feed a family of seven. You will need to invest in a freezer though.

Stocks for the Long Run, by: Jeremy J. Siegel

Here is everything you wanted to know about the stock market between two covers. Siegel provides more interesting facts and tidbits about the stock market than a baseball fan talking pitching stats. By looking back to the beginning of Wall Street, Siegel shows how the stock market has a smoother performance than appears when viewed close up. For example, the broad stock indexes average a 7% return over long periods of time. Too often investment advisors use 10% or higher in their illustrations creating a false sense of what the stock market will do. I keep this book on my shelf and pull it out whenever I am curious about anything stock market. There are so many interesting facts about stocks, but I would never trade on them. They are fun to read about, however.

The Intelligent Investor, by: Benjamin Graham

Warren Buffet is the best investor to have ever lived and he learned his investment skills from Ben Graham. The Intelligent Investor is an easier read than Security Analysis, Graham and Dodd’s earlier work. I understand most of you invest in index funds; so do I. Still, understanding what makes investing in stocks and bonds profitable is powerful knowledge. Managing a small percent of your portfolio in individual stocks successfully requires an understanding of what company makes a great investment. The same principles apply when buying a business to run or even in evaluating an investment property purchase.

Steve Jobs, by: Walter Isaacson

Several movies have been made over the last several years trying to capture the flavor of what made Steve Jobs, Steve Jobs. They fail for the most part. Isaacson allows us a look into Jobs’ life and what it was that made Steve Jobs the person he was. Like The Power Broker, this is a book about getting things done. A serious question we should all have is: What makes some people perform at such a high level? Many of the great business leaders do it in one lifetime. Steve Jobs started Apple in his garage and grew the company to the most profitable on the planet all within one lifetime cut short by cancer. Bill Gates and Warren Buffet also did it in one lifetime; neither was born into significant wealth; they earned it all in short period of time.

The list is short, but filled with so much good reading it will take you a while to work through the material. I started with a list of over 50 books and picked the handful I felt would be the best starting point. Browsing through Amazon will yield many more treasures. Don’t forget the library. Find the section of the library that holds the above mentioned books and examine the books surrounding them. You are sure to find buried treasure all along the shelf.