If you are a curious person, it is impossible not to come across Warren Buffett and Charlie Munger. Once you encounter Buffett and Munger, it is impossible not to be fascinated by analyzing businesses. Once you delve into business analysis, it is impossible not to come across Professor Aswath Damodaran. Once you encounter Professor Aswath Damodaran, it is impossible not to discover The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit.
I had picked up this book a while ago. At the time, I lacked the background to fully grasp its ideas. I stopped reading after getting about a third of the way through.
Recently, I returned to it with a sidekick—Gemini. Each time I stumbled on a tricky concept, I snapped a photo of the page and sent my questions across:
- Explain the intuition behind this formula.
- What does this formula convey?
- Explain the concept XYZ in more detail.
- What is the author really trying to express here?
- Am I interpreting this section correctly?
- Explain this concept as if I were five.
This time, the experience was completely different. I’m now three-quarters through the book and have grasped its concepts—thanks to the power of large language models(LLM).
Earlier, I had written that we live in the golden age of learning, fueled by blogs, podcasts, and videos. But with LLMs, we have something far greater: a tutor, personalized to our learning goals, that can adapt to our learning style and is capable of explaining anything under the sun.
The best part is that instead of the tutor dictating your learning style, you can shape it to match your own. You can start with a broad overview and dive deeper when needed. You can ask even the simplest questions without embarrassment, and repeat them as often as you need—your tutor will never snap, “How many times must I explain this?”
LLMs, truly, make this the Rhodium Age of learning.
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