I see a lot of people more concerned with setting up an AI to analyze companies than with learning to analyze them themselves.

It reminds me of someone who spends more time choosing the fishing rod than learning to fish. Technology can be a good assistant. But an assistant who doesn't understand their boss only amplifies their mistakes.

And yet, all of that is secondary, analysis is perhaps thirty percent of the game. The rest is what goes on in your head when the market drops forty percent and everyone around you is panicking. It's the patience to do nothing when there's nothing to do. It's knowing why you bought something and having the conviction to stay when things get ugly.

No model trains that. That is built with years, with one's own mistakes, and with a philosophy that you have truly made your own.

Beware of shortcuts. In investing, they almost always lead to the same place.