Warren Buffett: 'Don't ask the barber whether you need a haircut'
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Summary
Don't trust the "experts.""Don't ask the barber whether you need a haircut," Buffett told the audience at Berkshire's 1994 annual meeting.Buffett's longtime partner Charlie Munger recalled him and Warren being offered a thick book of $2 million worth of projections during the process of buying a business."We almost paid $2 million not to look at it," Buffett joked to the audience."I do not understand why any buyer of a business looks at a bunch of projections put together by a seller...or his agent," he continued.Obtaining information or trusting analysis from someone who has an interest in a particular deal is detrimental due to its innate bias.
As said here by Maggie Fitzgerald