Wall Street & FinanceAs published
“Those who trade on technical analysis frequently succumb to a pack mentality because their actions are computer-driven or chart-driven, instead of the result of knowledge and experience
— T. Boone Pickens
Oilman and financier
About this quote
- Attributed to
- T. Boone Pickens
- Attribution status
- As published
Photo: Arild Vågen · CC BY-SA 4.0 · source · Portrait: Hudson Institute (CC BY 2.0)
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More from T. Boone Pickens & related wisdom
Wall StreetAs published
“Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
— Warren Buffett