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Fitness Master: Invest in rereading

Unless you’re well-versed in the history of high finance, his name won’t ring a bell. His partner’s, however, certainly will.

Charlie Munger served as the right-hand man for billionaire investor Warren Buffett at Berkshire Hathaway from 1978 until his death in 2023. Sometime before then, Munger made an observation that’s the equivalent to insider trading for anyone heavily invested in their health and fitness and hoping for a high yield.

“In my whole life,” Munger noted, “I have known no wise people who didn’t read over a broad subject matter area all the time -– none, zero.”

So to generate health wealth and gain a ton of knowledge while you’re at it, your eyes should peruse all sorts of stuff. To get the most bang from your reading buck, do what Marcus Aurelius coached himself to do in a personal journal that’s since been published as Meditations — a book that social scientist, Harvard professor, and bestselling author Arthur Brooks has called the most empowering one he’s ever read.

“Keep reminding yourself of the ways things are connected.” For to be truly healthy, your mind and body need to be as connected as Munger and Buffett once were.

While it may seem that any connection made when reading is merely a temporary one, it doesn’t have to be — even if you possess a poor memory. There’s a simple thing you’re always free to do after an initial reading that not only allows you to keep this so-called health wealth but also causes it to accrue.

It’s a health investment with a high yield, for sure. It’s called rereading.

In a blog where American author, marketer, and entrepreneur Ryan Holiday reveals he’s reread the aforementioned Meditations 100 times, he notes that Wen Jiabao, the former Prime Minister of China, has reread it just as frequently. That Bill Clinton makes a point to reread it once a year, and that Meditations was with Teddy Roosevelt when the former president led a journey in 1913 to chart a large part of the Amazon basin.

While I realize you’re no more likely to read any book 100 times as paddle down the Amazon for posterity’s sake, I also surmise there’s been at least 100 times when you’ve realized you’re canoeing in unfamiliar mental waters and feeling a bit lost.

I know I have, and I know to then reread something that has previously led me to the proper harbor.

One such book is Tom Morris’s The Stoic Art of Living, which I purchased when it first came out in 2004 (and is still available through Amazon). I’ve probably read the entire book a half dozen times — and my favorite four or five chapters three or four dozen.

In the intro, Morris explains why I keep coming back for more. Because maintaining a proper perspective on life is a real challenge made even more so by “the vicissitudes” and “false schemes” of life.

To meet this challenge and “keep our balance,” we need to learn what we control in life and what has control over us. Then we need to concentrate on what really matters and “focus on doing the good we can for others as well as ourselves.”

To aid in this endeavor, Morris offers and then elaborates upon “the best nuggets of wisdom” from three Stoic philosophers, Seneca, Epictetus, and Marcus Aurelius, all of whom taught “inner resilience is the secret to personal effectiveness” and that whatever happens to us, be it seemingly good or bad, “can be handled and put to work.”

That, in fact, we should actually embrace the bad, for as Seneca says, “No prizefighter can go into a contest with high sprits if has never been beaten black and blue.” And because, in reality “disaster is [really] virtue’s opportunity.”

To that point, Morris shares a bit about himself: how the worst things he’s ever been through have “always somehow” led to the best things he’s ever experienced. It’s what he keeps in mind whenever any situation coming his way “looks bad.”

Which leads us to the second featured philosopher, Epictetus, for he sheds light about why things ever look bad. It’s in large part because the opinions we develop about them “squeeze and limit us,” and it’s those very opinions and “nothing else” that “cause us anxiety or loss of tranquility.”

The third philosopher, Marcus Aurelius, says tranquility is something worth valuing, not the “clapping of hands” or the “flapping of tongues” or that “worthless thing called fame.” For “all that really matters is to move yourself and restrain yourself in conformity with your own nature.”

An idea encapsulated in what Morris calls his 3D approach to life: “discover your talents; develop you talents; deploy your talents into the world for the good of others as well as yourself.”

The last of which I’ve attempted — in all hope successfully — by writing this article.