> Warren Buffett Blog: Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future

Monday, April 3, 2017

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future


We’ve long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.