The trader's moat

The term "moat" originated from Mr. Buffett, originally referring to the structural characteristics that allow a business to maintain a competitive advantage over the long term, which are well understood by competitors but difficult to replicate.
Where is the "moat" for traders? In my personal opinion, the trading system is the "moat" for traders' investment trading. The formation and perfect execution of a continuously profitable trading system may be achieved through personal exploration, but based on historical data, the probability of success is generally low; if one has the opportunity to stand on the shoulders of giants through professional learning and training, exchanging space for time, it is relatively easier to achieve. Reading thousands of books is not as good as traveling thousands of miles, and traveling thousands of miles is not as good as being guided by a famous teacher. Having a renowned teacher to guide professional learning and training is a relatively shortcut to entering the professional investment trading path. The reason Mr. Buffett became the "Oracle of Omaha" is that he studied under Graham and Philip Fisher when he was young. Soros said: "Learning is expensive; if you don’t learn, your cost is even higher!" I think that those who have been trained in the market for many years probably resonate deeply with the saying, "Learning is expensive; if you don’t learn, your cost is even higher!" The problem is that a considerable number of people would rather pay their tuition to the market than take that small step with their precious little feet. When I calculate, the reasons seem quite sufficient; the bottom line is often "no time," not knowing what to learn, and not knowing who to learn from, etc., without going into each one. At first glance, it seems that there are many options in the learning path of investment trading, dazzling and seemingly impossible to choose; upon closer inspection, there are actually no choices. The book says: "The hardest thing in the world is not the inability to choose, but the lack of choice!"
History serves as a mirror, allowing us to understand rise and fall. The history of capital markets will continuously replay, but it is by no means a simple repetition. Investing carries risks, and so does learning; the greatest risk in learning is choosing the wrong direction and following the wrong people. Therefore, choosing the right direction and the right people is paramount, as time does not flow backward, and the cost of time is the most expensive. In response to the scenery, I borrow this moment to feign a lament: Do not wait idly, turning gray in youth, only to grieve in vain.
In summary, in my humble opinion, only by maintaining an institutional mindset and continuously refining and honing oneself can one form an effective and professionally compliant model-module system that aligns with market rules. The "moat" cultivated this way is truly one's own, allowing one to learn to understand the Party's words and always follow the Party; with top-level thinking and a top-level framework, one can always achieve "being aware" in mind, strategizing effectively, and being perceptive and proactive, aiming for results right from the start. If one can possess a relatively professional and personalized "moat," then congratulations, you may have a solid foundation to navigate the capital markets with ease. Without a "moat" formed through personal learning and experience, it is statistically difficult to grow into a great trader, and one may have to honestly endure mediocrity as a low-end competitor in the capital markets.
That's all I have to say in this article. Thank you to the viewers who gained something from it for your attention, sharing, and likes; I have nothing more to add. I wish everyone successful investments.