#Blue Whale Morning Diary 23/2/11 (Day 111)

1⃣️Reflection/Flow [Is enhancing cognition illusory?]

Many people will tell you to read books, just as many people will tell you to drink water. You know it's important, but you may not necessarily act on it. When a person lacks water for a long time, their body deteriorates, and similarly, when thoughts lack new sources of nourishment for a long time, they will also wither.

Reading takes up so much time and doesn't show immediate results. Isn't it better to use that time for research and trading?

In fact, these are complementary. The knowledge gained from reading can change your overall strategy. For example, if you read more of Buffett's books, you will pay special attention to value, risk, margin of safety, and project research.

Cognition can also help you decide how much leverage to use in that moment of trading, whether to go long or short, which is the moment that determines victory or defeat. In this light, isn't reading important?

In fact, you can think of it this way: if you are willing to read a good book a year, your annual return will increase by 1%. This might give you more motivation to read.

2⃣️Recent Good Article Recommendations



A wealthy American, also an entrepreneur and philanthropist, through this book, one can glimpse the thoughts and mindset of the rich. Imagine if you were Rockefeller and faced the same problems at each stage, how would you choose? And if you followed your choice, would you still be wealthy?

3⃣️Gratitude and Good Luck

Thank you bitcoin punk( for explaining the transaction mechanism of ordinals related to the NFT project on the big pie), as it is now on the big pie.