If I owned any of these Hot New Issues that have doubled, tripled, quintupled or umptupled within days and in some cases hours after they were issued, I most certainly would grab my fabulous windfall, thank my lucky stars and invest the money. It's utter nonsense to think any newly issued stock is really worth two, ten or 20 times the [offering] price.... A management so stupid as to sell shares [cheap], and an underwriter so obtuse as not to discern the real value, together would provide reason enough for a sensible man to get rid of his shares.

If you don't know what you want to do, it's harder to do it.

Trying to impress others does - usually in quite the opposite way.

A gun in the hand is worth any number being tested.

When the joy of the job's gone, when it's no fun trying anymore, quit before you're fired.

Failure is success if we learn from it.

Advice: It's more fun to give than to receive.