Buffett once made such a statement: he does not have confidence in Tesla, yet Tesla's stock price has risen dozens of times; he also does not have confidence in Bitcoin, but its price has increased by tens of thousands of times.
So, was Buffett wrong?
From his own perspective, he was not wrong, because in areas he does not understand, he chooses not to participate. However, from the perspective of an observer, his judgments may indeed be mistakes.
Thus, the accuracy of investment opinions is not actually the key issue; what matters is that Buffett, through his investment methods, earned wealth that he could understand and grasp.
We often mention that investment requires a framework of thought.
This framework is like a house; some see it as an information cocoon, while others view it as the limitations of a frog at the bottom of a well. However, in my view, this framework is more like a set of filters.
It allows you to make negative judgments about 90% of things in just 10 seconds, thereby greatly saving the time spent selecting currencies.
At the beginning of this bull market, I was not optimistic about ETH, and I have never purchased ETH.
Recently, both ETH and the Ethereum ecosystem have had good price increases.
Does it mean that the currencies I am not optimistic about will not rise?
Of course not. Does it mean that the currencies I am optimistic about will definitely rise? Not necessarily.
In summary, after saying so much, investing is a personal affair. Is the accuracy of investment opinions really that important? How critical are the views of others?
What truly matters is achieving the desired results in the investment process.