“Fascinating, often amusing… one of those much-needed reminders that we are the architects of how we live.”
General Stanley McChrystal
Author, Risk, A User’s Guide
I don’t think I’ve ever seen anyone so obsessed with reading as my 12-year-old daughter Hannah. I remember when it started. She read a book or two. To encourage her to read I volunteered to pay her $10 per book read. For the next few months she read nonstop. I was slightly concerned that she was gulping books for money and not for the pleasure of reading. However, a few months and $120 later she came to me and said she didn’t need to get paid to read. She felt guilty because I was buying the books as well as paying her. I was glad she had made that decision. I have never seen anyone – really, anyone – so engrossed in reading. All she thinks about is what book she’ll read next.
My wife and I don’t set any limits on how much money Hannah can spend on books. When Hannah wants a book, she looks first in a digital library. If it isn’t available there, she buys it on Kindle or we go to Barnes & Noble. Our trips to Barnes & Noble are my favorite part of her reading addiction. I am so glad that Barnes & Noble stores are still around, as we go there almost once a week now.
Our only rule is that Hannah can buy just one book at a time – that’s what keeps us going book shopping. At Barnes & Noble we get something from Starbucks. I get a tea or coffee; she gets a pastry or sugary drink. Hannah grabs a book she wants to buy, and we both sit in comfortable armchairs, surrounded by books and Starbucks’ aroma, and read for hours. This is our special time.
Sometimes on Fridays, when I pick up both of my girls from school, I take Hannah and her almost-five-year-old sister, Mia Sarah, to Barnes & Noble. It used to be a bookstore with a Starbucks in it. Post-Amazon and the digital apocalypse, it turned into a Starbucks that sells books and toys. I hadn’t noticed how many toys they carry until I visited it with Mia Sarah. On our first visit she wanted me to buy her toys. She and I made a deal: We only go to Barnes & Noble to buy books (and Starbucks cake pops). Now, even before we walk into the store, she says, “Dad, yes, I know we only buy books here.”
While Hannah is conquering her teen books section, Mia Sarah and I search for her book in the kids section. My hope is that being close to books, having a positive experience associated with them, will encourage Mia Sarah to become a reader just like her older sister. Also, we’re creating our little tradition – going to bookstores.
At her preschool graduation ceremony, Hannah was asked what she wanted to become when she grew up. She thought for a second, smiled, and said, “I want to be a writer, like my daddy.”
I had never thought of myself as a writer, but rather as an investor who writes. Hannah didn’t know the difference. When my kids see me work, I’m either reading or staring at my laptop.
Reading has had an interesting side effect on Hannah: Over the last few months she has started writing stories. Her writing is very colorful and highly descriptive; her stories are dramatic, and the characters in them are very dark (Freud would have a field day with her characters).
This happened to me when I started writing: I started reading for two people, for the reader and for the writer in me. As a reader you are focused just on the content, but as a writer you start paying attention to how this content is packaged and delivered. You start paying attention to sentence structure and to the author’s voice.
My two older kids have expressed little interest in investing, which makes me slightly sad – it would have been awesome to research stocks together. Hannah and I had a conversation about that recently. Her mother wants her to become what every Jewish mother wants her offspring to become – a doctor. I told Hannah, “Don’t try to please us in your career choice; the only person you want to please is yourself. We’ll support whatever choice you make. We just want you to be happy, and if you are happy we’ll be happy with you.”
This brings me to a question I get asked often: How do I get my kids to listen to classical music? I have found that there are a lot of similarities between instilling a love for books and a love for classical music. For both, it’s a very delicate process that involves a lot of gentle nudging.
I am anything but an authority on parenting. I attended the same university of trial and error as every other parent. But I’ve been thinking about this topic a lot as classical music has gradually taken a larger and larger role in my life. It is an incredible world, and I want my kids to be part of it.
I found that my kids, especially when they were young, would go to great lengths to spend time with me; and just like all kids, they love sweets. When I take kids to classical music concerts, we make part of the trip about food, be it Dairy Queen, burgers and fries, or cookies during intermission.
I still remember my father taking me to see Alexander Borodin’s Prince Igor when I was 11 years old. I sat through the opera without too much fidgeting. And I still remember two things: a short fragment from the aria of Prince Igor
– “Oh, give me, give me freedom so I can repay for my shame” – and, even more memorable, the dessert cake my father bought me during intermission. I waited patiently for intermission, because I was promised a cake. This was more than 30 years ago. My paying Hannah to read was another such gentle nudge.
Falling in love with classical music is a process. The music is not always easy to understand; it requires work – those are the words my father used to describe classical music. Listening to something you don’t yet appreciate (understand) is not necessarily fun; it may be hard (work).
However, my parents listened to classical music at home, in addition to taking me and my brothers to concerts. They exposed us to the music, and that is all you can do as a parent. When I heard this music later in life, it had already been deposited somewhere deep in the memory bank of my childhood. My kids and I listen to classical music at home and in the car going to and from school. At times we watch YouTube music videos together.
Mia Sarah was exposed to classical music through watching cartoons like Little Einsteins. A few days ago she came to me and said, “Dad, what is this music – ta da da da daaa?” She was singing the opening bars of Beethoven’s Symphony No. 5. I fired it up on YouTube, she sat patiently on my knees, and we even conducted together. She lasted about seven minutes, which was plenty.
As a parent, trying to instill in your kids a love of reading or listening to classical music requires a lot of diplomacy (bribing with your time, sweets, and sometimes, yes, money), setting an example by listening to classical music or reading, and simply being there with them (my favorite part) by taking them to bookstores or classical music concerts.
Dubbed “the new Benjamin Graham” by Forbes, Vitaliy is the CEO of a value investing firm, author of several books, and a prolific writer on topics as diverse as investing, parenting, classical music, and self-improvement. You can read his articles at Investor.fm or listen to them on his podcast, The Intellectual Investor.
“Fascinating, often amusing… one of those much-needed reminders that we are the architects of how we live.”
General Stanley McChrystal
Author, Risk, A User’s Guide
“Soul in the Game is a beautiful way to search for the lost value of happiness, strength and health.”
Wim Hof
Author, The Wim Hof Method
“Vitaliy knows how to tell a story. This book reads like a conversation with Vitaliy: deep, insightful, inquisitive and civilized.”
Nassim Nicholas Taleb
Author, The Black Swan
“Vitaliy Katsenelson has been singled out by financial media for his brilliant investment strategies, but perhaps even more impressive are his philosophical writings.”
Carl Bernstein
Author, All the Presidents Man
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