It is hard to imagine but Pawawit Klinpratoom, the author of eight best-selling books on becoming rich, didn't start off particularly successful. His first venture, a restaurant business in Australia, failed miserably.
What Are You Reading Pawawit Klingpratoom
"Since then, I set my mind to not use my own money in opening businesses. My career and investment must start from my idea, not money," said Pawawit, who is also an adviser to Bualuang Security, a radio commentator on the stock market, a lecturer and publisher. "My business has only two forms of capital investment: my brain and my old MacBook in which I do stock analysis and type manuscripts of my best-selling books."
Pawawit is launching a new book that he hopes will also be a best-seller Kidd Babb Pawawit (Think Like Pawawit) to convince members of the public and first-time investors to build wealth through buying stocks from reliable and sustainable companies for long term profit, not just for greed-driven short term selling. Pawawit shared his reading list with Life.
— Anchalee Kongrut
Which book is on your bedside now?
Zero To One by Peter Thiel. In this book, Thiel, a co-founder of PayPal and venture capitalist, tells the enthralling story about his experience in Silicon Valley and the secret code of how to start from zero and create billion dollar business.
Which book has most influenced your work?
Hot Commodities: How Anyone Can Invest Profitably In The World's Best Market by Jim Rogers. Rogers is my idol for financial investment and has one of the most authoritative views. Rogers co-founded Quantum Fund with George Soros and then retired when he was 40 to pursue his other passions. Apart from being a financial whiz, Rogers is a dreamer, thinker and adventurer.
Any book on personal finance that you would recommend?
Allow me to recommend my book Orm Wai Nai Hoon ( Saving Money In The Stock Market ). Your whole perception about saving money and investment will be altered.
Your all time favourite book?
The Alchemist by Paulo Coelho. The book emphasises the importance of setting goals. Our goals may not be realised, but without them, the journey would not start. After all, life is not about reaching a destination but the journey in which men create his and her own personal legends.
E-book or dead trees?
I own an iPad and Kindle but I still prefer dead trees. Nothing can substitute the feeling of paper between your fingers and holding the book in your hand. There is something intellectual, highbrow and charming about books that gadgets cannot replicate. What do you think a philosopher would choose to hold in his or her hand?
