I've spend stupid amounts of money on books in my life. When I wanted to learn about a topic, I'd go to Amazon and order the top 5 to 10 books in its category. If I saw a book referenced in a few papers on science I read, I'd add it to the cart, and buy it the next time I ordered a stack of 10-20 books.
I figured it was better to have books lying around unread than to miss the opportunity to read on a topic when I was inspired. Books piled up on history, governance, economics, investing, finance, marketing, business, psychology, biographies, time management, habits, willpower, discipline, creativity, writing, selling, publishing, technology, innovation, philosophy, and, umm, lots more. Fiction too, though I didn't read fiction for a while because I thought it was a waste of time. (I was mistaken on that point.)
At least half of those books never got opened up. But it didn't matter. Books were so ridiculously underpriced compared to what they're potentially worth, that I thought it was worth it to have a copies on hand that I could break open to look something up, or check a controversial study's results. I had books on health and nutrition and biochemistry, and man, those were a nightmare contradicting each other.
I was never good at predicting what I'd want to read, so I'd keep a mix of things onhand in case I got inspired, or hit a roadblock and needed to learn more.
There were auxilliary benefits too. I must have bought Michael Gerber's "The E-Myth Revisited" at least a dozen times, because I kept giving a copy away to people who hadn't read it. Everyone who runs a small business should read that book.
Patri Friendman is one smart dude. He writes a lot of good stuff, he's got a ton of good insights, and he does prolific amounts of real-world work that changes that's got a strong chance of dramatically changing the course of history. There's not too many people I'd be excited to work for in a vizier-type role for empirebuilding, but he's one of them.
His blog is here. Today, we're talking about an entry he made on LessWrong titled "Rational Reading: Thoughts On Prioritizing Books."
Some choice excerpts -
A large element of instrumental rationality consists of filtering, prioritizing, and focusing. It's true for tasks, for emails, for blogs, and for the multitude of other inputs that many of us are drowning in these days. Doing everything, reading everything, commenting on everything is simply not an option - it would take infinite time