Business Insider is running a cool feature on “books that changed our lives”. It covers 24 different opinions on different books. I had to laugh at the Macreconomics selection (the text by Ben Bernanke) given that I think much of the text contains erroneous views on money and finance, but that’s a different matter.
I wasn’t selected to pick a book (I think only BI employees did that), but I did want to pick one anyhow. I don’t know if a book has ever “changed my life”, but there are certain books that provide you with perspective and views of the world that just seem to make everything “click”. For me, that book was Meditations by Marcus Aurelius. The book is basically a journal of thoughts that Aurelius, perhaps the greatest Roman Emperor, compiled over his life.
If you read this website you likely think about much bigger things than money, finance, economics and the stock market. Whether you know it or not, money is just (one of) the means by which we obtain access to more important things in our lives. If you care enough about money to read this website (and read it closely) then you care deeply and think deeply about more important things in the world. And that’s what Meditations is all about.
I won’t spoil it for you. If you haven’t read it, then read it. And if you find the style and language difficult then power through it. You won’t regret it.
Buy it here or scour the internet. There might be a pdf version out there somewhere.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.