Warren Buffet: Technical analysis is Garbage!!!

This is the most interesting adivce you'll hear about investing in the stock market. Warren Buffet used to pick stocks and do technical analysis. That's the wrong way.
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[archravenineteenseventeen]

Remember folks, he is an investor. Not a trader.

[_Island_Boy]

Notice his last statement "it didn't hurt that I had a background in it". This man clearly combines technical and fundamental analysis which is the best of both worlds.

[glife]

Thanks for putting the music over the important sentences

[byanymeansnecessary]

He didnt say it was garbage but he did say if success in the stock market was dependent upon knowing the history of the stock market then librarians would be billionaires.

[Praveenkumar-olho]

I think choosing companies will be suitable for people with large capitals

[calmnarrative]

For an institutional investor like him technical analysis is useless, there is no secret in it.

It is because, technical analysis is dependent on big institutional investors and traders.

[ANUKU_ALLAN_JEFF]

Bro was picking stocks at 11 years old💀💀

[porag_khan]

He said he read Ben Graham, now go read Ben Graham.

[remymartn]

He never said technical analysis was garbage either.

[kubik.the.traderpreneur]

But he said he also use technical after analysis fundamental of company's

[princebediako]

You can’t predict the next move of the market. No body knows whether the stocks will go up, down or in circles. This the bitter truth

[spatialmemory]

Millionaires chart the markets. Billionaires chart the planets.

[delayed]

Accounting is one of the most important fields you need to focus. Learn how to read financial statements, what they mean, how they are made and you will make your life a whole lot easier

[MyrtleBarry]

I just sold a property in Portland and I'm thinking of putting the cash in stocks, I know everyone is saying it's ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[TheChainiz]

Click Bait, he doesn't say it is garbage. He said it didn't hurt to have it as a background.

[w__]

TA is fantastic when there is no market maker or market manipulation.... just not the case in the real market dynamics

[joesherry]

Technical Analysis is for Day Trading, he is an investor though and Fundamental Analysis is better for the long run

[theninthpower]

He's one of the few people who fundamental analysis worked for. That's why there's only one or two billionaires, but hundreds of thousands of traders.

[LucyBrown]

Hey guys I'm looking to invest. But I don't know anything about the market, any help? As well who can I reach out to?

[lanreoshisami]

WB didn’t says anything about TA has or was garbage. Why do people put some garbage as headlines?