XJO 0.79% 8,348.6 s&p/asx 200

Indices 08/05, page-165

  1. 10,269 Posts.
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    "studying Warren Buffett"

    I don't study Buffett, newbie.
    I got a brain of my own.

    I know nothing of Buffett's methods, or how he became the most successful investor ever. He must be smart, thats all I know.

    The one thing I do know about Warren Buffett is that he dabbled with technical analysis when he was new to the game, but he very quickly ditched it.
    He famously said,

    "I knew charts and TA was bulltish when I got the same answer regardless of whether I held my chart upside down or the right way up. Technical analysis has superficial appeal for those of a lesser intellect. Rigorous thinkers and suitably qualified seasoned professionals use the superior methods"
 
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