No one knows what stocks will do tomorrow, but the evidence is clear as to how they'll perform over 10 or 20 years. They will almost certainly go up.

hindsight is not a strategy.

Auto insurance is a toll bridge, over which every honest driver has to pass.

Never try to time the bond market. Anyone who claims to know the future of interest rates is certifiable.

Quinn's First Law of Investing is never to buy anything whose price you can't follow in the newspapers. An investment without a public marketplace attracts the fabulists the way picnics attract ants. Stock brokers and financial planners can tell you anything they want, because no one really knows what's true. The First Corollary to Quinn's First Law states that, even when the price is in the newspapers, you shouldn't buy anything too complex to explain to the average 12-year-old.

Lawyers are operators of the toll bridge across which anyone in search of justice has to pass.

Everyone needs a small-town banker. Especially in a big town.