"We tend to buy things - a lot of things - where we don't know exactly what will happen, but the outcome will be decent."

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I just don't see anything available that gives any reasonable hope of delivering such a good year and I have no desire to grope around, hoping to 'get lucky' with other people's money. I am not attuned to this market environment, and I don't want to spoil a decent record by trying to play a game I don't understand just so I can go out a hero.

— Warren Buffett