A Quote by Warren Buffett
I never try to predict the market.
Related Quotes
You can never predict how market will react. You can model it. You may try to predict it, but weather and markets and risk, only God knows because only he has seen tomorrow.
If you can predict where the market's going, just do what you can predict. If you can't, which is the presumption of dollar cost averaging or time cost averaging, either one, then you're trying to ease in. But if the market rises more than it falls most of the time, easing in is, by definition, a loser's game.
I hate to predict my future. I never really thought I would be a head coach at 34 years old. I never thought I would be traded to Tampa. I never even really thought I would be fired, even though I probably deserved it. I try not to predict things.
When you have a perfect free market, it's difficult to predict the future. But when you have a market that is disturbed by government manipulations and money-printing, it's impossible to make any predictions.
You can never predict success. You can never predict another person liking what you are doing. But if you are an interesting storyteller and if you strike the right chord, perhaps you will be understood.
How can we dare to predict the behavior of man? We may predict the movements of a machine, of an automaton; more than this, we many even try to predict the mechanisms or "dynamisms" of the human psyche as well. But man is more than psyche.
I don't think there is such a thing as as a real prophet. You can never predict the future. We know why now, of course; chaos theory, which I got very interested in, shows you can never predict the future.
In a rising market, everyone makes money and a value philosophy is unnecessary. But because there is no certain way to predict what the market will do, one must follow a value philosophy at all times.
What to do when the market goes down? Read the opinions of the investment gurus who are quoted in the WSJ. And, as you read, laugh. We all know that the pundits can't predict short-term market movements. Yet there they are, desperately trying to sound intelligent when they really haven't got a clue.
Reuters was completely accurate that I am concerned about the level of the market. But I also made it clear on the conference call (and I believe as Reuters reported it), that it is almost impossible to predict what a market will do in the short term. There are too many variables.
You can't predict what's gonna happen, you can't predict if people are going to participate, you can't predict if there'll be interference.
It's hard to predict what will happen with two brands in a market. Sometimes they will behave in a gentlemanly way, and sometimes they'll pound each other. I know of no way to predict whether they'll compete moderately or to the death. If you could figure it out, you could make a lot of money.
Speculators are obsessed with predicting: guessing the direction of stock prices. Every morning on cable television, every afternoon on the stock market report, every weekend in Barron's, every week in dozens of market newsletters, and whenever business people get together. In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a purely speculative undertaking.
I've learned that you can never predict what will happen to a film. You can never predict if people will love it, if they'll hate it. It's an act of ego if you're hoping for everyone to love the film and tell you how great you are.
One of the things we did at PayPal was collaborative filtering and machine learning: looking at patterns of human behavior. We used it there to predict when people would try to cheat the system to get money. But you can predict pretty much any behavior with a certain amount of accuracy.
Stop trying to predict the direction of the stock market, the economy or elections.
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