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Use a timer app that has 45/15 focus / break switch-ups.
Coffee.
A few other suggestions: 1.) Turn off you email notifications and only check your email at certain intervals throughout the day or after you have completed a task. 2.) Spend less time on WSJ/FT/Bloomberg, the articles are interesting and can have relevance, but overall I find the value-add to be low on that time spent. 3.) Set small goals for the task at hand and then take breaks after you have completed them (read two earnings calls then break...). 4.) Put your phone on your desk face down and apply the same intervals to it as your emails. 5.) Get up from your desk and walk around during your small breaks, will help reset your focus.
I personally get distracted pretty easily and 1.) and 2.) have been the most helpful for me, in addition to ripping a massive coffee first thing in the morning. I never drank coffee until i graduated, but had I known about it before I would have had a 4.0.
Great tips. Could you share what sources do you find insightful articles then? (vs. WSJ/FT/BBG)
Don't get me wrong, I think those are fine sources for daily news and I do read them, its the broad daily news itself that I find has low-value. Perhaps this is my perspective as a LT investor, but generally the daily news flow doesn't really contain anything thesis altering or material to LT trajectories. I think you want to know what is in the news because it will drive sentiment, which drives markets short-term, but I find more value in reading company specific pieces or work from industry publications vs broad news sources. The broader news is always interesting, but after you read an article and think "did this change my opinion on anything that we own"? Most of the time the answer is no for me personally.
Most writers (analysts, journalists, etc.) are notoriously bad at getting to the point. I think a skill that's helped me cut my reading time down significantly is first figuring out what I'm trying to accomplish when I open up a new piece to read, and second being able to quickly skim the material until I find the "point" and then back-fill as necessarily. Seriously, there are a ton of 20+ page reports that hit my inbox that only have a page or so of actual importance.
Read what you’re interested in particularly. Then kind of just comes down to reading comp, I constantly think what is the writer trying to say, how can I explain to a child what I read without repeating any of the words and make myself give an example. It’s sort of a more academic method but testing yourself works. It makes sure that you’re reading to learn and not just for the sake of reading
Also choosing what you read is important. Often classic books a good way to start. Too much garbage stuff and noisy info out there
"Second key to success in this racket is this little baby right here. It's called cocaine. It'll keep you sharp between the ears. It'll also help your fingers dial faster. And guess what? That's good for me.".
I'll assume this correlates to reading "fast and a lot".
Well, imploding is ugly, we don't want that.
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Ritaline all day everyday
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