Jeff Bezos once asked Warren Buffett why almost nobody copies his investing strategy, since it is simple enough for a child to follow.
Buffett's answer was one sentence, and it quietly explains why most people never get rich.
this was two of the richest men who have ever lived, on a stage in Miami. Bezos was genuinely puzzled. the strategy is public, it is free, and it is not hard to understand. so why does almost no one actually run it?
Buffett did not hesitate.
"my approach is a get-rich-slowly scheme. people don't like those"
that is the whole answer. the best strategy in the world is not locked behind a paywall. it is just boring. it works, but slowly, and slow does not sell.
the proof is Buffett himself. he built more than 90 percent of his fortune after his 60th birthday. the money was always coming. almost no one is willing to sit still long enough to collect it.
then Bezos added the number that makes it usable. think in seven years instead of three, he said, and you get a head start on nearly everyone, because most people cannot wait that long for a reward.
the edge was never a secret. it is public, free, and impossible to patent. the only thing standing between people and it is the patience to let time finish the job