New Delhi, April 22 -- Warren Buffett has long been sceptical of the stock market's obsession with macro forecasts. A resurfaced 2016 interview clip is once again driving that point home.

In the interview with CNBC, Buffett questioned the practical value of economists in stock market investing. He observed, "Economists don't make a lot of money buying and selling stocks - but people who buy and sell stocks listen to them."

This highlights a deeper issue - an overreliance on macroeconomic predictions in a domain where they often add little value.

Throughout his career, Warren Buffett - alongside his longtime partner Charlie Munger - has largely ignored macroeconomic variables such as interest rates, GDP growth, or credit cycles when mak...