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Tue, 10 Jan 2023 | Hindu Business Line
Hindu Businessline

Markets at new highs: This time it’s different, right?

Legendary investor Warren Buffett once said, “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.”

Even if one has spent more than 25 years in the listed equity space, he cannot say with absolute certainty on what the market may be up to in the next week or month.