Buffett: "I realized that technical analysis didn't work when I turned the chart upside down and didn't get a different answer.”
"Yet, for all the promises that technical analysis brings, studying charts has actually detracted from the bottom line. Buffett reportedly joked about this dilemma with an audience at Vanderbilt University in 2005, "I realized that technical analysis didn't work when I turned the chart upside down and didn't get a different answer.”
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