Long Shots Almost Always Miss The Mark.

Well, I Think The Secret Is If You Have A Lot Of Stocks, Some Will Do Mediocre, Some Will Do Okay, And If One Of Two Of 'em Go Up Big Time, You Produce A Fabulous Result. And I Think That's The Promise To Some People.

The Natural-born Investor Is A Myth.

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.

If You Spend More Than 13 Minutes Analyzing Economic And Market Forecasts, You've Wasted 10 Minutes

The Junior High Schools And High Schools Of America Have Forgotten To Teach One Of The Most Important Courses Of All. Investing.