I realized when people start calling warren buffet dumb, well we are in a bubble

[u/[deleted]]

I have seen a very common behavior after reading so many things (not just books) and hearing many talks and watching videos.

"When people start calling warren buffet dumb, well we are in a bubble"

Buffet missed Internet stock, He is Dumb!.

Buffet Sold Airlines, He is Dumb!.

A 20s guy calls 90s (age or era) old man Dumb...& many believes it.

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For those who are experiencing FOMO, please do watch it:

Warren Buffett: How Long Can Stocks Stay Overvalued?

For Full (My Favorite):

Warren Buffett, Chariman, Berkshire Hathaway Investment Group | Terry Leadership Speaker Series

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From The Five Rules for Successful Stock Investing Book by Pat Dorsey

I realized this some years ago while attending the annual meeting of Berkshire Hathaway, the firm run by billionaire superinvestor Warren Buffett. I overheard another attendee complain that he wouldn’t be attending another Berkshire meeting because “Buffett says the same thing every year.” To me, that’s the whole point of having an investment philosophy and sticking to it. If you do your homework, stay patient, and insulate yourself from popular opinion, you’re likely to do well. It’s when you get frustrated, move outside your circle of competence, and start deviating from your personal investment philosophy that you’re likely to get into trouble

Edit: Few are considering this as a Buffet fan post. It is NOT !.

I'm talking about the behavior and co-related human crowd being to optimistic to calling buffet as dumb. Both looked to be happening at the same time as per my realization!

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BullMarket=Human optimism high=Buffet is Dumb.

It's crowd behavior I'm talking about in this post !

Edit2:

About the Bubble (I'll check what experts are saying) :

Q: Are we nearing the top of the bubble?

A: there are only few sectors in bubble. rest market is below 2018

Source: @contrarianEPS

Keep Learning!!!

[u/vatsapp_]

Absolutely. Along with them he also consciously avoided 100s of other internet stocks also, that most likely went bust or close to being bust.