Declines are temporary, gains are permanent.

Wealth is not determined by investment performance, but by investor behavior.

Long-term investment success is almost totally a function of how one emotionally handles declines in the equity market, as opposed to how one's portfolio handles them.

Surprise is the mother of panic.

In the long run, not doing what's necessary to do the thing you're afraid will hurt you, hurts infinitely worse than doing it.

You have to pick what you're going to be worried about. Markets are volatile, but retirement is certain.

Investment performance doesn't determine real-life returns; investor behavior does.