In The Summer Of 1990, I Was

Never Buy Anything That You Can't Illustrate On The Back Of A Napkin.

If You Have The Stomach For Stocks, But Neither The Time Nor The Inclination To Do The Homework, Invest In Equity Mutual Funds.

If You're Prepared To Invest In A Company, Then You Ought To Be Able To Explain Why In Simple Language That A Fifth Grader Could Understand, And Quickly Enough So The Fifth Grader Won't Get Bored.

Equity Mutual Funds Are The Perfect Solution For People Who Want To Own Stocks Without Doing Their Own Research.

When Stocks Are Attractive, You Buy Them. Sure, They Can Go Lower. I've Bought Stocks At $12 That Went To $2, But Then They Later Went To $30. You Just Don't Know When You Can Find The Bottom.