WHY I HOPE STEVE JOBS IS WRONG
A small part of my stock portfolio is invested in companies that I love so much—and patronize so regularly—that I will probably never sell them.
One of those companies is Apple. My shares are up more than 30-fold, even after the recent sell-off. Of course, I’ve had them a long time. (I bought them before there was an iMac, an iPod, an iPhone, or an iTunes store.)
I credit a lot of my success to CEO Steve Jobs. A visionary business leader, he consistently turns out well-designed, great-looking products that are not only fun to own but look like they belong in the Museum of Modern Art.
Over the years, I’ve learned to listen when Steve Job speaks. Still, I hope he’s wrong this time . . .
When asked at a recent press conference whether Apple intends to market a product to compete with Amazon’s Kindle—an electronic reader—he dismissed the idea with a wave of his hand.
“It doesn’t matter how good or bad the product is, the fact is that people don’t read anymore. . . . The whole product is flawed at the top because people don’t read anymore.”
What a depressing notion, if true. Reading is our connection to the best thinkers and wisest souls who ever lived. Is it possible to know this and still not read? Can people really prefer to spend their lives wallowing in unthought?
Apparently so.
According to A. C. Nielsen, the average American watches more than 4 hours of TV each day. That’s 28 hours a week, or 2 months of nonstop TV watching per year. In a 65-year life, that person will have spent 9 years glued to the tube.
Pretty sad.
Of course, this aversion to serious reading is nothing new. More than 150 years ago, Henry David Thoreau wrote, “Most people have learned to read to serve a paltry convenience, as they have learned to cipher in order to keep accounts and not be cheated in trade; but of reading as a noble, intellectual exercise they know little or nothing.”
This is a shame, really. It is through books, chiefly, that we engage with superior minds. People who read regularly think better, speak better, and express themselves more clearly. They understand more and tend to be more interesting.
They are also more likely to be promoted. No single factor correlates more closely with business success than a broad vocabulary. As it turns out, how you dress for work is far less important than how you dress your thoughts.
Wise men have always known this. More than 2,000 years ago, Socrates said, “Employ your time in improving yourself by other men’s writing so that you shall come easily by what others have labored hard for.”
I think he’s right. Of course, I’ve always been a book man. Always will be. Or as my wife’s stepmother once put it, “Were you a nerd as a kid, too?”
I prefer the term bookworm, actually. (Don’t ask me the difference.) However, I’ve always thought the hours I spent reading were a good investment. After all, there simply isn’t time to learn everything the hard way.
As the Benedictine monk Richard de Bury wrote 700 years ago, “A library of wisdom, is more precious than all wealth, and all things desirable cannot be compared to it.”
Except, perhaps, for that new Apple MacBook Pro. I still want one of those.