In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.
Warren BuffettThe future is never clear; you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.
Warren BuffettYou're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
Warren Buffett