I read for different purposes(other than the mandatory case readings)
- Entertainment:- While others prefer TV shows, films etc, I like the occasional novel or two
- Professional updation:- As one of the few people with 3 qualifications(CA/CS/CWA) spanning law, financial accounting, corporate finance, management accounting etc, I consider it essential to keep up with what is happening in my field. While trade magazines, blogs, newspapers and journals ordinarily suffice, books are sometimes essential for this.
- Investing:-Also, I am an(so far) amateur investing who believes in special situations investing and value investing. For both of these, extensive knowledge base is must.
Of course, it does help that I have(in the words of another friend) a 'thirst for knowledge'. But that does not mean that I rely on 'book smarts' alone. While I do like the company of like(and of late-unlike minded too!) minded friends, other professionals etc, I prefer to chart an independent thinking path. And that by definition does need some solitude or curling up with books.
Special situations investing...remembered your punt on Bharti Airtel ;)
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