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How I Remember What I Read

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Because I’m more-so reading for knowledge and less-so for entertainment, remembering what I read and the information I consume is really important to me. Otherwise, why would I do it?

It blew my mind when I heard that Bill Gates is said to read about 150 pages per hour and have 90% retention. Are you kidding me? 90%!

Famed investor (and friend of Bill Gates) Warren Buffett is also rumoured to read somewhere between 500 pages per day and 500 pages per week.

I estimate I typically read about 20 to 40 pages per hour, with far less recall than Bill — although I’m working on my speed and retention.

Some Good News

The story of Bill and Warren’s reading is pretty intimidating. But there is some good news. Really good news.

According to the University of California’s R. Bohn & J. Short (2009), the average American consumed 100,000 words per day in 2008. The figure was growing quickly.

Where do we ‘consume’ these words?

By listening to others, in conversation, watching the TV, and, of course, by reading social media, newspapers and books.

If we consider an average book might have, for round figures, say, 500 words per page, that’s 200 pages of information each day.

Of course, the average person reads information at a far slower pace than his or her brain can process information — hence why most of us can easily get bored with reading. And we’re never going to stop listening to people and music just to spend that time reading.

Nonetheless, I think those ideas combine to make a very interesting observation: you may already be consuming a significant amount of information and not even realise it.

How I Remember What I Read

The process for remembering what I read is very simple.

I consume new material today, marking the pages with underlines, notes and marginalia; adding bookmarks and other notes to digital information I consume throughout the day.

At the end of the day, typically at night before bed, I physically write down my notes in a journal/diary that houses my information gathered on a topic. I think it’s important to write notes using pen and paper. It doesn’t scale as well as digital, but the physical act of writing something down has been shown to help with retention — which is the exact reason we review the information.

At the end of the month, I review my notes. That’s when I write a blog post about what I learned or acquired. My aim is to reinforce the encoding of the new information by building as many connections as I can to my existing knowledge. The idea here is to shift the information from short-term memory (STM) to long-term memory (LTM).

It’s a pretty simple strategy and could be nothing new to you.

There are many other strategies that I will use and adopt as time goes by. If you’re especially curious, you should read my post, “How I Read“. It fills in some additional gaps in my process.

What do you use to improve retention? Can you give me advice on how to improve my speed? Get in contact with me today.

Owen Raszkiewicz

Owen Raszkiewicz

Owen is the Chief Investment Officer of Rask Invest and Founder of Rask. Since founding The Rask Group in 2017 in the hillside suburb of Upwey, Victoria, Owen has overseen the growth of the Rask platform to over 200,000 investor followers. Today, Owen oversees the Rask Analyst team, which helps more than 4,000 Aussies build core portfolios from ETFs and shares, he hosts Australia's biggest investing podcast, The Australian Investors Podcast, appears on Rask's other channels, covering Property, Business and Finance; and leads Rask Education - our education platform which has enrolled over 25,000 Australians into free finance courses. Prior to founding Rask, Owen was an investment analyst at the highly regarded managed funds research business and a writer/analyst for one of the most well-known share market publications. Owen’s formal qualifications include a Master of Applied Finance and Master of Financial Planning from Kaplan Professional, Bachelor of Technology (Information Systems) from Swinburne University of Technology, Advanced Diploma of Financial Services (Financial Planning) and Diploma of Mortgage Broking Management. He's also completed level 1 of the Chartered Financial Analyst (CFA) program.

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