Knowing all excellent investors, none of them do not read (this is probably what it means). Recently, I have also been pondering why good investment requires reading?



1. The essence of investment is the realization of cognition

Investment is essentially the realization of cognition. To invest well, one must have a higher understanding than ordinary people, being able to think of what ordinary people cannot and do what ordinary people cannot.

Most investors are very smart and very diligent. To surpass these people, one must acquire a differentiated understanding that is above ordinary. High-cognition investment is realization, while low-cognition investment is dedication.