I Deal In Facts, Not Forecasting The

Absent A Lot Of Surprises, Stocks Are Relatively Predictable Over Twenty Years. As To Whether They're Going To Be Higher Or Lower In Two To Three Years, You Might As Well Flip A Coin To Decide.

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 Most Important Organ In The Body As Far As The Stock Market Is Concerned Is The Guts, Not The Head. Anyone Can Acquire The Know-how For Analyzing Stocks.

In This Business If You're Good, You're Right Six Times Out Of Ten. You're Never Going To Be Right Nine Times Out Of Ten.

A Stock Market Decline Is As Routine As A January Blizzard In Colorado. If You're Prepared, It Can't Hurt You. A Decline Is A Great Opportunity To Pick Up The Bargains Left Behind By Investors Who Are Fleeing The Storm In Panic.