Capitalism is not a Ponzi scheme. Capitalism is a scheme of free markets.

If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.

Learn every day, but especially from the experiences of others. It's cheaper!

Successful investing is about owning businesses and reaping the huge rewards provided by the dividends and earnings growth of our nation's - and, for that matter, the world's - corporations.

On balance, the financial system subracts value from society

You know the rule of 72, divide the number into 72, any number you want, and that's how long it will take your money to double.

But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual investor who would disagree with the thrust of EMH: The stock market itself is a demanding taskmaster. It sets a high hurdle that few investors can leap.