A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.
Warren BuffettI measure success by how many people love me. And the best way to be loved is to be lo veable.
Warren BuffettCharlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment became ever more compelling as Berkshire's capital mushroomed and the universe of investments that could significantly affect our results shrank dramatically. Therefore, we adopted a strategy that required our being smart and not too smart at that, only a very few times. Indeed, we now settle for one good idea a year.
Warren Buffett