Everyone Has The Brainpower To Make Money

I Talk To Hundreds Of Companies A Year And Spend Hour After Hour In Heady Pow-wows With Ceos, Financial Analysts And My Colleagues In The Mutual-fund Business, But I Stumble Onto The Big Winners In Extracurricular Situations, The Same Way You Do.

The Stock Market Really Isn't A Gamble, As Long As You Pick Good Companies That You Think Will Do Well, And Not Just Because Of The Stock Price.

Far More Money Has Been Lost By Investors Preparing For Corrections, Or Trying To Anticipate Corrections, Than Has Been Lost In Corrections Themselves.

There's No Use Diversifying Into Unknown Companies Just For The Sake Of Diversity. A Foolish Diversity Is The Hobgoblin Of Small Investors. That Said, It Isn't Safe To Own Just One Stock, Because In Spite Of Your Best Efforts, The One You Choose Might Be The Victim Of Unforeseen Circumstances. In Small Portfolios, I'd Be Comfortable Owning Between Three And Ten Stocks.

Your Investor's Edge Is Not Something You Get From Wall Street Experts. It's Something You Already Have. You Can Outperform The Experts If You Use Your Edge By Investing In Companies Or Industries You Already Understand.