Charts Are Great For Predicting The Past.

If You Can Find A Company That Can Get Away With Raising Prices Year After Year Without Losing Customers (an Addictive Product Such As Cigarettes Fills The Bill), You've Got A Terrific Investment.

In Stocks As In Romance, Ease Of Divorce Is Not A Sound Basis For Commitment.

A Price Drop In A Good Stock Is Only A Tragedy If You Sell At That Price And Never Buy More. To Me, A Price Drop Is An Opportunity To Load Up On Bargains From Among Your Worst Performers And Your Laggards That Show Promise. If You Can't Convince Yourself "when I'm Down 25 Percent, I'm A Buyer" And Banish Forever The Fatal Thought "when I'm Down 25 Percent, I'm A Seller," Then You'll Never Make A Decent Profit In Stocks.

Everyone Has The Brain Power To Make Money In Stocks. Not Everyone Has The Stomach.

In The Long Run, It's Not Just How Much Money You Make That Will Determine Your Future Prosperity. It's How Much Of That Money You Put To Work By Saving It And Investing It.