7 Years FI: A Look Into 2023

To: Millennial Money Readers

December 27, 2022

What I'm Reading and Listening To

What It Takes by Stephen Schwarzman (Book)

As terrible as the title, subtitle, and picture on this book are, I wasn’t expecting much when I bought this for $4 at a used bookstore. But I went from being skeptical of a potential puff piece written by the boomer billionaire founder of Blackrock to a bit of a fanboy. Stephen Schwarzman is a controversial figure, but this guy left nothing on the floor with this book. It blew me away and I don’t say that lightly. If you want to think bigger and learn about building a billion-dollar business from the ground up, I think it will be worth your time.

Am I Being Too Subtle? by Sam Zell (Book)

In my pursuit of actively not becoming a billionaire, after finishing What It Takes, I went down the rabbit hole of reading books by billionaires. This was the next best one. Sam Zell has a lot of lessons to share from his 60+ year business journey and he’s a straight talker. I flew through this book and loved learning all the creative ways he thinks. The dude has pet ducks who live on the terrace of his Chicago office. He is curious, down to earth, and like Stephen Scharzman has his fair share of controversy. But I learned a lot and it’s a quick read or listen.

The Light We Give by Simran Jeet Singh (Book)

This is a beautifully written book about Simran’s experience following the Sikh path. I didn’t know much about Sikh wisdom, but this book is a beautiful meditation on the path of love and service. The book is a mixture of autobiography and practical tips to enrich your life. So if you’re looking for a book to open to, this is worth checking out.

Quote I'm Pondering

Drawing that ponders the difference in view between those with money, education, both and none

"A few major opportunities, clearly recognized as such, will usually come to one who continuously searches and waits, with a curious mind that loves diagnosis involving multiple variables.

And then all that is required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past."

Charlie Munger