Search+Intelligent InvestingSynopsisWarren Buffett mentioned a metaphor that should haunt every investor who has ever felt clever during a rising market: The preening duck that quacks boastfully after a rainstorm, convinced that its paddling skills have caused it to rise in the world. The duck is wrong. And so, Buffett suggested, are most investors who congratulate themselves in a bull market.Here is one piece of advice (or is it experience?) that Warren Buffet shared which many Indian investors can perhaps relate to: Don’t mistake the gains you make in a bull run as a sign of your skill. Till mid-2024, a large number of investors (especially those who flooded in after Covid) assumed that it is easy to make money in the stock market. All of them are going through a phase of bitter learning, experiencing for the first time what a ETMarkets.com 21 mins readMay 28, 2026, 10:06:00 PM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership