Real investment doesn't require systematic learning at all All those who tell you that 'investing requires systematic learning' are essentially not insiders or value investors. If you want to make 10 times the investment, just look at the financial report. Just pile up the quantity, there's no need to say much. If you carefully read 100 financial reports, your understanding of the stock market can surpass 80% of people. If you carefully read 1000 financial reports and watch them continuously for 4 quarters, you can surpass 95% of people. You carefully read 3000 financial reports, you are more professional than the vast majority of institutional investors. Direct wealth freedom. Why not build a system When you pile up the quantity, you don't even need to build an investment system, and you will naturally know what target to invest in. Just like how you truly master Chinese characters through measurement, there's no need to think about how to write them. Hand follows heart, and everything you want to write is written naturally. Buffett's answer Someone asked Buffett back then, how do you do value investing? Do you want to read first, then do something, then do something, and so on. Buffett only said: Just look at the financial report. This is the words of the current world value investment leader. Why are you just not listening? It's not because you're lazy and greedy, wanting to get something for nothing. Those who hold such thoughts will eventually be crushed into powder by real investors. The greatest truths are the simplest. Whether it is institutional investors or professional investors, whether it is a large-scale operation or individual operation, as long as it is a value investment, it will definitely fall into the financial report. Just to add, for those who don't have time to read 3000 financial reports Buffett not only talks about watching financial reports, but also advises ordinary people to invest in the S&P 500. The S&P 500 comes with a mandatory profit threshold, and bad companies cannot enter. If you don't have time to read 3000 financial reports, buy an index and let 500 screened good companies make money for you. This is also a value investment, just outsourcing research to the entire market.