The trend is your friend except at the end where it bends.

Longevity is the key to success.

Working to anticipate the future can be a distraction from the important task of dealing with the present.

It is a happy circumstance that when nature gives us true burning desires, she also gives us the means to satisfy them. Those who want to win and lack skill can get someone with skill to help them.

Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them “funny-mentals”. However, if you catch on early, before others believe, you might have valuable “surprise-a-mentals”.

Luck plays an enormous role in trading success. Some people were lucky enough to be born smart, while others were even smarter and got born lucky.

Losing a position is aggravating, whereas losing your nerve is devastating.