Psychology is probably the most important factor in the market - and one that is least understood.

Analysts have always been overly optimistic.

Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.

Nobody beats the market, they say. Except for those of those of us who do.

A good starting point [in the measurement of investment risk] is the preservation and enhancement of your purchasing power in real terms.

Psychology is probably the most important factor in the market - and one that is least understood.

Patience is a crucial but rare investment commodity.