The intelligent investor is likely to need considerable will power to keep from following the crowd.

The ideal form of common stock analysis leads to a valuation of the issue which can be compared with the current price to determine whether or not the security is an attractive purchase.

The distinction between investment and speculation in common stocks has always been a useful one and its disappearance is cause for concern.

We have not known a single person who has consistently or lastingly make money by thus "following the market". We do not hesitate to declare this approach is as fallacious as it is popular.

At heart, "uncertainty" and "investing" are synonyms.

A great company is not a great investment if you pay too much for the stock.

Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences of being wrong.