Spend At Least As Much Time Researching

During The Gold Rush, Most Would-be Miners Lost Money, But People Who Sold Them Picks, Shovels, Tents And Blue-jeans (levi Strauss) Made A Nice Profit.

The List Of Qualities (an Investor Should Have) Include Patience, Self-reliance, Common Sense, A Tolerance For Pain, Open-mindedness, Detachment, Persistence, Humility, Flexibility, A Willingness To Do Independent Research, An Equal Willingness To Admit Mistakes, And The Ability To Ignore General Panic.

I Deal In Facts, Not Forecasting The Future. That's Crystal Ball Stuff. That Doesn't Work.

A Stock Market Decline Is As Routine As A January Blizzard In Colorado. If You're Prepared, It Can't Hurt You. A Decline Is A Great Opportunity To Pick Up The Bargains Left Behind By Investors Who Are Fleeing The Storm In Panic.

The Simpler It Is, The Better I Like It.