To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.

The only thing you should do with pro forma earnings is ignore them.

It is no difficult trick to bring a great deal of energy, study, and native ability into Wall Street and to end up with losses instead of profits. These virtues, if channeled in the wrong directions, become indistinguishable from handicaps.

Most businesses change in character and quality over the years, sometimes for the better, perhaps more often for the worse. The investor need not watch his companies' performance like a hawk; but he should give it a good, hard look from time to time.

Before you place your financial future in the hands of an adviser, it's imperative that you find someone who not only makes you comfortable but whose honesty is beyond reproach.

Successful investing professionals are disciplined and consistent and they think a great deal about what they do and how they do it.

If fees consume more than 1% of your assets annually, you should probably shop for another adviser.