You Shouldn't Just Pick A Stock -

My Method For Picking Stocks Has Never Changed. When Businesses Go From Crappy To Semicrappy, There's Money To Be Made.

You Should Not Buy A Stock Because It's Cheap But Because You Know A Lot About It.

Absent A Lot Of Surprises, Stocks Are Relatively Predictable Over Twenty Years. As To Whether They're Going To Be Higher Or Lower In Two To Three Years, You Might As Well Flip A Coin To Decide.

You Can't See The Future Through A Rearview Mirror

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