"Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it"

This quote by Warren Buffett encourages us to make the most of market variations instead of be dissuaded by them. He recommends that we must utilize market fluctuations to our advantage and profit from the errors of others. He is recommending that we need to not become part of the recklessness, however rather observe it and use it to our advantage. This quote encourages us to be clever and tactical investors, rather than psychological and reactive ones. It is necessary to bear in mind that market variations are a normal part of investing and that we should not hesitate of them. Rather, we ought to utilize them to our benefit and try to find chances to make a profit. By doing this, we can become successful financiers and take advantage of our investments.