It takes a man a long time to learn all the lessons of all his mistakes.

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.

The stock market is never obvious. It is designed to fool most of the people, most of the time.

The market always does what it should do, but not always when

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

Trends come like a series of ocean waves, bringing the high tide when things are good and, as conditions recede, the low tide appears. These trends come unexpectedly, unpredictably, and they have to be weathered with temperance, poise, and patience- good or bad.

Never buy at the bottom, and always sell too soon.