I Spend About Fifteen Minutes A Year

Know What You Own, And Know Why You Own It.

You Can Find Good Reasons To Scuttle Your Equities In Every Morning Paper And On Every Broadcast Of The Nightly News.

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.

The More Cash That Builds Up In The Treasury, The Greater The Pressure To Piss It Away.

Owning Stocks Is Like Having Children - Don't Get Involved With More Than You Can Handle.