Time Is On Your Side When You

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

In Stocks As In Romance, Ease Of Divorce Is Not A Sound Basis For Commitment.

What Makes Stocks Valuable In The Long Run Isn't The Market. It's The Profitability Of The Shares In The Companies You Own. As Corporate Profits Increase, Corporations Become More Valuable And Sooner Or Later, Their Shares Will Sell For A Higher Price.

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

When Management Owns Stock, Then Rewarding The Shareholders Becomes A First Priority, Whereas When Management Simply Collects A Paycheck, Then Increasing Salaries Becomes A First Priority.