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He emphasizes the importance of being rational and objective in investing from "summary" of Warren Buffett's Ground Rules by Jeremy Miller
Buffett underscores the critical nature of maintaining a rational and objective approach when it comes to making investment decisions. This means setting aside emotions and biases that may cloud judgment. By being rational, investors are better able to analyze investment opportunities based on facts and data rather than gut feelings or market trends. Objectivity, on the other hand, requires investors to evaluate investments based on their intrinsic value rather than external factors such as hype or speculation. Buffett's emphasis on rational and objective investing is rooted in his belief that successful investing requires a disciplined and logical approach. By focusing on the underlying fundamental...
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