A skilled trader must know how to think independently, which means they must be ready to be different and not make decisions based on what others are doing. Therefore, according to Warren, the key to an investment strategy is to measure the market's level of optimism to know the right time to enter and exit trades appropriately.
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A skilled trader must know how to think independently, which means they must be ready to be different and not make decisions based on what others are doing. Therefore, according to Warren, the key to an investment strategy is to measure the market's level of optimism to know the right time to enter and exit trades appropriately.