2nd level knowledge (2LK)
Roughly what is it?
Refers to the intersection of where deep-dive intelligence meets discovered market inefficiency and critical thinking risk awareness.
Gathering 2nd LEVEL knowledge requires a trained eye capable of dogged financial statement & savvy top-down macro analysis.
It is a learned discipline that pairs well with individuals who ambitiously seek-out challenging mental workouts.
why is it so special?
Because it offers a proprietary due diligence & risk management edge for single stock idea generation and stock picking.
It has high scarcity value as 2nd LEVEL knowledge is perpetually underexploited by the investment industry as a whole. The lack of 4 Cās durable/transferable investment skills training is the main cause of this.