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Warren Buffett: Weather vane

“You really should not make decisions in securities based on what other people think. If you’re doing that, you should think about doing something else. A public opinion poll will not get you rich on Wall Street. So you really want to stick with businesses that you feel you can somehow evaluate yourself. Charlie and I, we don’t read anything about what business is going to be, the economy is going to do, or the market’s going to do. Anytime I see some article that says these analysts say this or that about some business, it doesn’t mean anything to us. You cannot get rich with a weather vane.” —Warren Buffett.


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