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aspect <strong>of</strong> the gather<strong>in</strong>g—Warren Buffettalert<strong>in</strong>g the crowd to the market’swarn<strong>in</strong>g signs—wouldn’t be revealeduntil the follow<strong>in</strong>g year, when the dot<strong>com</strong>bubble burst, just as he said itwould.Buffett takes pride not only <strong>in</strong> histrack record, but also <strong>in</strong> follow<strong>in</strong>g hisown “<strong>in</strong>ner scorecard.” He divides theworld <strong>in</strong>to people who focus on theirown <strong>in</strong>st<strong>in</strong>cts and those who follow theherd. “I feel like I’m on my back,” saysBuffett about his life as an <strong>in</strong>vestor,“and there’s the Sist<strong>in</strong>e Chapel, and I’mpa<strong>in</strong>t<strong>in</strong>g away. I like it when peoplesay, ‘Gee, that’s a pretty good-look<strong>in</strong>gpa<strong>in</strong>t<strong>in</strong>g.’ But it’s my pa<strong>in</strong>t<strong>in</strong>g, andwhen somebody says, ‘Why don’t youuse more red <strong>in</strong>stead <strong>of</strong> blue?’ Goodbye.It’s my pa<strong>in</strong>t<strong>in</strong>g. And I don’t carewhat they sell it for. <strong>The</strong> pa<strong>in</strong>t<strong>in</strong>g itself512/929

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