Warren Buffett comment about the sovereign fund investment that heavily invested in US financial sector during the credit crisis 2008.I think that they are buying what is being sold to them, and in securities you should not buy what's being sold to you. You should buy what comes from your own analysis and looks the cheapest. The idea that somebody is going to come and call on you and say, you know, `Buy $2 billion worth--this is the best thing to buy in the world,' it isn't the best thing to buy in the world. The best thing to buy in the world is something that you've dug out and that people aren't talking about and that, you know, you find yourself. Securities that are being sold to you have a special push in it. Usually, there's extra commissions in them or all kinds of things. So I don't--I don't want to get ideas from other people, basically. I want to get ideas from a bunch of facts that I uncover someplace.
- Warren Edward Buffett
