> Warren Buffett Blog: Form your own investing opinions and not rely on others

Thursday, March 27, 2014

Form your own investing opinions and not rely on others

Forming macro opinions or listening to the macro or market predictions of others is a waste of time. Indeed, it is dangerous because it may blur your vision of the facts that are truly important. 

(When I hear TV commentators glibly opine on what the market will do next, I am reminded of Mickey Mantle's scathing comment: "You don't know how easy this game is until you get into that broadcasting booth.")