The book assumes that you're already good enough at investing to know a good opportunity when you spot it. This was disappointing, and not just because I'm not a skilled investor. You see, I didn't buy this book to become a great investor. I bought it because I play boardgames about twice a year, and this book's author is usually there. And if he's there, he probably wins whatever boardgame we're playing. I was hoping that, by learning how the author thinks about strategy, maybe next time we play I could anticipate some of his thinking.
But this book points out that it's important to understand the fundamentals. And I only play boardgames once or twice a year. I can expect to lose at boardgames as long as I insist on playing against people who are better than I am.