Mmhm. As with everything, it's a balance. It's important to understand that reading is one of the most effective forms of procrastination that has ever been invented. It's also the prism through which your entire future passes, but everyone already knows that.
For example, Carmack was able to "invent" BSP because he was (as far as I've heard) an avid reader of medical journals. Specifically, journals and papers about the graphics techniques they used at the time. The field of medicine turns out to be very lucrative for an ambitious graphics programmer, because they're often at the frontiers of what's currently possible. So apparently BSP was used in accelerating medical renderings, and Carmack was able to see their potential for realtime graphics. The only reason he was able to do that was by reading pretty much every possible thing.
None of that will help you unless you force yourself to do and not read, though.