Every field has a few fundamentals. Master them first.
There are a few fundamentals in every field of endeavour.
And you have to know them and follow them. If you don’t, you will keep parabulating or moving in circles while chasing shortcuts.
Here are a few examples:
Investing: Understanding value, bargains, patience, capital allocation, and time is important.
Trading: Understanding the overall trend, key zones, patience, position sizing and timing is important.
Banking: Understanding lending and borrowing, fractional reserves, branding, risk management, and building relationships is important.
Master the fundamentals first. Everything else becomes easier.
