If you can't sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.

A man must believe in himself and his judgement if he expects to make a living at this game. That is why I don't believe in tips."

A loss never bothers me after I take it. I forget it overnight. But being wrong - not taking the loss - that is what does damage to the pocketbook and to the soul.

The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.

To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.

I know from experience that nobody can give me a tip or a series of tips that will make more money for me than my own judgment.

There is only one side to the stock market; and it is not the bull side or the bear side, but the right side