The world’s most successful investors are intellectually curious in many aspects of their life, continually endeavouring to find out how the world works – especially in the world of business. While not everyone is likely to become an investing legend like Warren Buffett or Peter Lynch, we can still become more like them by reading a wide variety of materials across different industries and disciplines.
These materials can include annual reports, earnings transcripts, newspapers, magazines, and books – all of which can help you gain insights that the wider market may have missed. The more you are able to piece a diverse set of information together, the better you will be at spotting opportunities – and, truly, all we need is a couple of good ideas to do well in the stock market.
In my search for the next Google or Microsoft, reading business biographies has helped me better understand...