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In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.

Warren Buffett
Thinking, Financial, Easy
"Warren Buffett: 'My elephant gun is loaded'". Interview with Dominic Lawson, Robert Peston and Grant, www.telegraph.co.uk. September 22, 2002.
In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.