Warren Buffett's quote, "Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard," can be interpreted in various contexts. Still, it generally speaks to the importance of focusing on the fundamentals and the process rather than getting distracted by short-term results or outcomes.
In investing, Buffett often emphasizes the importance of understanding the underlying value of a company and its long-term prospects rather than obsessing over short-term fluctuations in stock prices. Investors who focus on the "playing field" of a company's fundamentals are more likely to make sound investment decisions over time rather than being swayed by temporary market movements.
Similarly, in other areas of life, such as sports or business, individuals who concentrate on mastering their skills, improving their strategies, and consistently executing their plans are more likely to succeed than those solely focused on immediate results or external validation.
Buffett's quote underscores the significance of focusing on what you can control (the playing field) rather than becoming fixated on outcomes (the scoreboard), which may be influenced by numerous external factors beyond your control.