You Have To Let The Big Ones

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.

When You Start To Confuse Freddie Mac, Sallie Mae And Fannie Mae With Members Of Your Family, And You Remember 2,000 Stock Symbols But Forget The Children's Birthdays, There's A Good Chance You've Become Too Wrapped Up In Your Work.

Searching For Companies Is Like Looking For Grubs Under Rocks: If You Turn Over 10 Rocks You'll Likely Find One Grub; If You Turn Over 20 Rocks You'll Find Two.

More Money Is Lost Anticipating The Changes In The Overall Stock Market Than Any Other Way Of Investing.

The Real Key To Making Money In Stocks Is Not To Get Scared Out Of Them.