单个 agent 是工具。有明确角色、交叉验证和显式交接的一组 agent，才能产生质变。五个模式覆盖 90% 的投资研究流程。

A single agent is a tool. A fleet with defined roles, cross-verification, and explicit handoffs is transformative. Five patterns cover 90% of investment workflows — but over-engineering the fleet is itself a form of procrastination.

前八章的全部内容压缩成一个端到端流程。三家公司，一个决定。这一章本身就是 workshop——预计 4 到 8 小时，分多次完成。

Everything from chapters 1 through 8 collapses into one end-to-end workflow. Three companies, one decision. This chapter IS the workshop — expected time: 4 to 8 hours across multiple sittings.

投资分析以前需要 Bloomberg 终端或者会写代码。AI agent 把两个前提都拆了。剩下的门槛是判断力——这改变了投资课程应该教什么。

Investment analysis used to require either a Bloomberg terminal or the ability to write code. AI agents removed both prerequisites. The barrier is now judgment — and that changes what an investing curriculum should teach.