Context is everything. If the GOAL is to buy an asset with a long term focus, then what he's saying here is quite appropriate. On the other hand, if your GOAL is to take advantage of short-term fluctuations of an underlying asset then learning and applying technical analysis is critical.
Trading is to create capital and investing is for growing capital both are important, take example of Paul toder jones.
It's what the spirit of investing and the stock market is, but I'd argue that many have forgotten and treat it like a casino
Was looking for analysis on a stock today. The guy started drawing lines on a chart saying it was ready to “break out”. Stock has a payout ratio that’s grown from 100 to 130 percent over the last 2 years on its dividend. Warren is very right here.
I bought Apple stock in 2009 because I was living in Indonesia, and I saw that locals were spending months' worth of salary to buy an iPhone or other Apple products. Not your typical fundamental analysis, but I guess it worked.
It's all 50/50. Risk management and consistency builds wealth!
This can all be summarized by saying there are no shortcuts to riches despite what some 22 year old bragging about how he made 3000 in one day trading stocks or options says!
He’s talking more of an investment. But day traders don’t care about what company it is that we buying into
Fundamental analysis is more useful in the long term
Key word: Investing, he's not talking about trading
LEGEND 🔥🔥
Any analysis work Technicall is more for trading y timing like george soros But with the intermarket analysis y momentum investing you can make money in long term Fundamental is only in long term but works goods in that just look to warren buffet
Ultra legendary man
Monish Pabrai, Bill Ackman, Guy Spiers and every other successful investor that I know of follow Buffet's teaching to the letter.
Of course someone who buys and holds will say fundamentals are more important that’s what his entire strategy revolves around lol
He knows all about technical analysis.
We gotta adjust to change shifts,if you follow some of their practices in this our era you might end up being broke your whole life
Company analyse rules
@tultulrakshit5247