Munger argues that sustained reading is a common habit among people who develop broad knowledge and sound judgement. His emphasis is not on occasional study but on reading as a regular, lifelong practice. By pointing to both Warren Buffett’s reading habits and his own, he presents extensive reading as an important part of how people continue learning beyond formal education.

The quote also suggests that wisdom across several subjects depends on repeated exposure to ideas, evidence and different ways of thinking. Munger’s humorous description of himself as “a book with a couple of legs sticking out” underlines how central reading had become to his daily life.

More broadly, the passage connects learning with intellectual curiosity and self-education. It does not claim that reading alone guarantees wisdom, but it presents habitual reading as a recurring feature among people Munger regarded as knowledgeable across a wide range of subjects.