This is such a great old Saylor video and to me, it encompasses the essence of investing. It really is just about putting together a vision for where the puck is going that the mass market hasn't, and then having the conviction and patience to see it through. The beautiful thing about this is all the billion, trillion dollar funds with all their $1M/yr salary quants don't have any edge in doing that over you and I doing that. Everything Saylor mentions here was public knowledge, he just put it together in a way many didn't. No fancy math gets you this, just some research on the topic at hand and some high level reasoning capability to put it together correctly and project it forward. My best tradfi trade was buying AMD at $2 before it ran to $200. The thesis was that their new chips were competitive again for the first time in 10 years. That's it. Full stop. One sentence thesis for a 100x trade. Meanwhile every analyst on wall street was laughing at them, they had always lost to Intel and always would in their mind. You can have insane edge by simply understanding a product, making some correct assumptions about the future of that product, and having the discipline to hold until that future is realized. There is no formula for learning this, it simply takes experience and education. Read as much as you can about as many things as you can and push your understanding of the world as far as it can go. You'll find that you start making connections, start formulating visions for where things are going rather than where they are because you now have a solid base of knowledge and pattern recognition to project from. Maximize your capacity for reasoning.

In crypto it's a bit different, often less about reasoning about a product and more about reasoning how the market will feel about a product. Inherent difference when token usually != equity in the product.

Also notice I said investing, not trading. There is a difference. Totally different skillset to trade and crypto is a lot more trading than investing imo.