“A parable: The Monk and the Minister Two close boyhood friends grow up and go their separate ways. One becomes a humble monk, the other a rich and powerful minister to the king. Years later they meet. As they catch up, the portly minister (in his fine robes) takes pity on the thin and shabby monk. Seeking to help, he says: “You know, if you could learn to cater to the king, you wouldn’t have to live on rice and beans.” To which the monk replies: “If you could learn to live on rice and beans, you wouldn’t have to cater to the king.” Most all of us fall somewhere between the two. As for me, it is better to be closer to the monk.”
― The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life
― The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life
“But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
― The Intelligent Investor
― The Intelligent Investor
“However, as I observed the lifestyles of the people ahead of me in their careers, it slowly dawned on me that the only reward awaiting me was working more hours, internalizing more stress, and continuing to be salary dependent with no end in sight. I thought I had invested in myself, but really, I had invested in a lifelong treadmill.”
― Invested: How I Learned to Master My Mind, My Fears, and My Money to Achieve Financial Freedom and Live a More Authentic Life
― Invested: How I Learned to Master My Mind, My Fears, and My Money to Achieve Financial Freedom and Live a More Authentic Life
“When I tell young parents about the power of compounding money, they often want to set money aside for their children’s future. “Setting aside” money for a child, however, is very different from encouraging a child to earn, save, and invest. Giving money promotes weakness and dependence. Teaching money lessons and cheerleading the struggle promotes strength, independence, and pride.”
― Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School
― Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School
“You own the things you own and they in turn own you.”
― The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life
― The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life
Ankur Warikoo’s 2025 Year in Books
Take a look at Ankur Warikoo’s Year in Books, including some fun facts about their reading.
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