Avoid Hot Stocks In Hot Industries.

You Should Not Buy A Stock Because It's Cheap But Because You Know A Lot About It.

There Is Always Something To Worry About. Avoid Weekend Thinking And Ignoring The Latest Dire Predictions Of The Newscasters. Sell A Stock Because The Company's Fundamentals Deteriorate, Not Because The Sky Is Falling.

It Only Takes A Handful Of Big Winners To Make A Lifetime Of Investing Worthwhile.

When Management Owns Stock, Then Rewarding The Shareholders Becomes A First Priority, Whereas When Management Simply Collects A Paycheck, Then Increasing Salaries Becomes A First Priority.

If All The Economists In The World Were Laid End To End, It Wouldn't Be A Bad Thing.