buffett zero to hundred pc in shares, page-24

  1. 2,499 Posts.
    And also it's not possible to predict market tops and bottoms.

    There's an element of randomness short term market fluctuations not dissimilar to horse racing, blackjack, rolling a die, etc. in my opinion.

    The day when people can predict the outcome of a roll of a die with 100% accuracy and consistency is when you can pick bottoms.
 
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