Why value investing is simple but difficult?

 All of us know Warren Buffet, the iconic figure of value investing.

Warren Buffet always share his ways of investing in public. The whole world knows about his method of investing. Nothing secretive about it. 

But, why general public is unable to replicate his investing style, and success?

Before answering this question, let me talk about exercise.

All of us know exercise is good for health. But, out of 100 peoples, how many of them exercise regularly? I do not have the exact number, but I guess the number is not many, at least from my group of friends who seldom exercise. Rather, most people would take supplements to stay healthy. Easier and faster, according to them.

Let me make an analogy:

Exercise = Value Investing

Health = Making money

Taking supplements = Speculation, hit-and-run

Exercise needs perseverance, patience to succeed.

Most peoples cannot bear with the enormous time and effort needed to make money in stock market. A faster technique is more attractive for them.

That's the reason why most people would end up becoming a speculator, chasing hot thematic stocks to make fast money. They earn big, and may lost big too.

So, is value investing (exercise) difficult for you?