Tools

Audible Changed How I Educate Myself — Here’s How I Use It

By dougman77
2 min read

I’m on job sites. I’m driving. I’m at the shop. I don’t have two-hour blocks of uninterrupted time to sit down with a book, and most people running a business or actively trading don’t either.

Audible solved this problem for me in a way I didn’t expect.

The short version: I listen to one business, finance, or trading book per month. Not summaries. Not highlights. The full book, consumed in 20-minute pieces during commutes, lunch, and any other gap in the day that used to go to nothing useful.

What this looks like practically

I download the book to my phone before the week starts. I listen at 1.25x speed — fast enough to be efficient, slow enough that I’m actually absorbing it. Anything that gets my attention gets bookmarked for review.

By the end of a month, I’ve covered the equivalent of 4 to 6 hours of focused reading without a single dedicated reading session. Over a year, that’s 12 books on topics that directly affect how I run the business and how I trade.

What I actually listen to

The categories I focus on: trading psychology, business operations and management, financial frameworks, and American business history. The last category doesn’t sound tactical but it’s probably the most valuable — understanding how businesses were actually built and what decisions led to their success or failure is better education than most business school curricula.

A few that have been genuinely useful: anything on risk management and decision-making under uncertainty, operations and management books written by people who actually ran companies, and market history covering the cycles that repeat generation after generation.

The compounding effect

This is the part that surprises people. The ideas don’t stack in a linear way. Something you heard three months ago suddenly connects to a problem you’re working through today. The broader the base of knowledge, the more connections form.

Most traders and business operators read too narrowly — only the material directly related to their immediate problem. The people who develop real judgment read widely and let the connections form over time.

Audible’s credit system means one quality book per month at a reasonable cost. The catalog is large enough that the constraint isn’t availability — it’s deciding what to read next.

That’s a good problem to have.