Ocupation: Investor
Life: b. August 30, 1930
Birthday: August 30
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.
source: Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.165, John Wiley & Sons
topic: Children, Believe, Long, Market Timing, Fortune Teller, Forecasts, Safe Places