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Understand the nature of the companies you own and the specific reasons for holding the stock. (“It is really going up!” doesn’t count.)

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The very best way to make money in a market is in a small growth company that has been profitable for a couple of years and simply goes on growing.

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The beauty of the stock market is that if you are wrong, if you put $1,000 up, all you lose is $1,000. I have proven that many times.

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To make money, you must find something that nobody else knows, or do something that others won’t do because they have rigid mind-sets.

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Stocks do well for a reason and do poorly for a reason. Make sure you know the reasons.

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Long-term bonds can be almost as volatile as stocks. They have their own corrections.

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The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.

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The more cash that builds up in the treasury, the greater the pressure to piss it away.

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Gentlemen who prefer bonds don’t know what they’re missing.

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Job insecurity has been a problem for as long as people have depended on a paycheck.

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