Know What You Own, And Know Why

You Shouldn't Just Pick A Stock - You Should Do Your Homework.

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

People Who Want To Know How Stocks Fared On Any Given Day Ask, "where Did The Dow Close?" I'm More Interested In How Many Stocks Went Up Versus How Many Went Down. These So-called Advance/decline Numbers Paint A More Realistic Picture.

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.

Spend At Least As Much Time Researching A Stock As You Would Choosing A Refrigerator.