(From the post that launched my blog) Traders and investors should be readers. We may not invest like Warren Buffett, but it may pay to emulate him in one respect. He reads. As Charlie Munger advised, "If you want to succeed, if you really want to be the outlier in terms of achievement, just sit down . . . ...More

and read -- and do it all the time." Admittedly, traders can’t spend their days reading the way a long-term investor like Buffett does, but then they don’t have to slog through countless financial statements and annual reports. They do, however, want to have an equity chart that slopes convincingly upward from left to right, indicating that they have an edge and are executing well. And one way to achieve this is to read and then read some more.