It is unquestionably true that the investment companies have their money more conventionally invested than we do. To many people conventionality is indistinguishable from conservatism. In my view, this represents erroneous thinking. Neither a conventional nor an unconventional approach, per se, is conservative.
Warren BuffettAnything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.
Warren BuffettSo if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.
Warren Buffett