Posts Tagged ‘buyer’
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In this quote, Warren Buffett is warning against being too optimistic when making investment decisions. He believes that optimism can cloud one’s rational judgment as a buyer or investor. By being optimistic, one may overlook risks and downsides of an investment opportunity.
Buffett advocates being a “rational buyer” – making investment decisions based on clear-headed analysis of the fundamentals and potential outcomes, without overly optimistic biases. His view is that optimism is the enemy of such rational decision-making.