You Only Need A Few Good Stocks

Imagine If You Borrowed Your Parents' Car Without Permission And Ran It Into A Tree, How Much Better You'd Feel If You Were Incorporated.

A Lot Of People Got In At The Wrong Time. A Lot Of People Did Very Well And Some People Said, "this Is It. I'll Never Get Back In Again." And They Maybe Meant It, But They Probably Got Back In Again Anyway.

A Price Drop In A Good Stock Is Only A Tragedy If You Sell At That Price And Never Buy More. To Me, A Price Drop Is An Opportunity To Load Up On Bargains From Among Your Worst Performers And Your Laggards That Show Promise. If You Can't Convince Yourself "when I'm Down 25 Percent, I'm A Buyer" And Banish Forever The Fatal Thought "when I'm Down 25 Percent, I'm A Seller," Then You'll Never Make A Decent Profit In Stocks.

Never Invest In Anything That Cannot Be Illustrated With A Crayon

Spend At Least As Much Time Researching A Stock As You Would Choosing A Refrigerator.