“Being too far ahead of your time is indistinguishable from being wrong.”
Trying to buy below value isn’t infallible, but it’s the best chance we have.
Investing consists of exactly one thing: dealing with the future.
Ignoring cycles and extrapolating trends is one of the most dangerous things an investor can do.
Note: But keep in minds that the cycles don't happen the exact same way. In 2000 it was dotcom bubble and in 2008 it was housing bubble.