The Most Important Investment You Can

Buffett made this observation in a 2014 interview with Forbes, in the context of explaining why he repeatedly encouraged young people to develop skills in communication and public speaking early in life. He has elaborated in many settings that investing in one's own knowledge, health, and abilities produces a return that no tax or inflation can erode, and that this form of compounding is available to everyone regardless of wealth. The principle echoes his decades-long practice of dedicating a significant portion of each workday to reading.