On Market Reactions…

On one point, however, I am clear.  I will not abandon a previous approach whose logic I understand (although I find it difficult to apply) even though it may mean forgoing large, and apparently easy, profits to embrace an approach which I don’t fully understand, have not practiced successfully, and which, possibly, could lead to substantial permanent loss of capital.
—    Warren Buffett
[Invest wisely and the market will come back to you in the long run.    —    KMAB]
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