Never Invest In Any Idea You Can't

So While I Was In College I Did A Little Study On The Freight Industry, The Air Freight Industry. And I Looked At This Company Called Flying Tiger. And I Actually Put A Thousand Dollars In It And I Remember I Thought This Air Cargo Was Going To Be A Thing Of The Future.

The Biggest Winners Are Surprises To Me, And Takeovers Are Even More Surprising. It Takes Years, Not Months, To Produce Big Results.

I Spend About Fifteen Minutes A Year On Economic Analysis.

Long-term Investing Has Gotten So Popular, It's Easier To Admit You're A Crack Addict Than To Admit You're A Short-term Investor.

Average Investors Can Become Experts In Their Own Field And Can Pick Winning Stocks As Effectively As Wall Street Professionals By Doing Just A Little Research.