Core Insights - The article emphasizes the importance of deliberate practice in achieving mastery in any field, including investing, as illustrated by the "10,000-hour rule" proposed by Malcolm Gladwell [1] - Warren Buffett's investment success is attributed to his extensive reading and analysis, which has accumulated over 60 years, demonstrating the application of the 10,000-hour rule in the investment domain [1][2] Group 1: Investment Philosophy - Buffett's daily routine involves deep reading and analysis, which helps him understand modern business models and competitive landscapes, thereby training his investment thinking [2] - The process of decision-making is gradual, where Buffett learns to make rational choices amidst uncertainty, continuously reviewing his investment decisions to refine his investment framework [2][3] Group 2: Emotional Control - Maintaining emotional control during market fluctuations is crucial for successful investing, as it prevents irrational decisions driven by fear and greed [3] - Buffett's ability to invest during the 2008 financial crisis exemplifies his strong emotional control, allowing him to act contrary to market sentiment [3] Group 3: Commitment to Learning - Investors must dedicate over 10,000 hours to learning and practicing investment strategies, as mere effort without direction may lead to poor outcomes [4] - The article advises against the illusion of quick wealth and encourages a focus on systematic self-training, including daily reading and regular reviews [4]