Warren Buffett on economists: ‘They don’t make money buying or selling stocks, but still traders listen to them’

Warren Buffett on economists: ‘They don’t make money buying or selling stocks, but still traders listen to them’

Throughout his career, Warren Buffett and Charlie Munger have largely ignored macroeconomic variables. Instead, their approach has remained firmly rooted in business fundamentals: understanding what a company is worth and comparing it to its current market price.