Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.

In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.

There are substantial rewards for adopting a regular routine of investing and following it no matter what, and additional rewards for buying more shares when most investors are scared into selling.

It only takes a handful of big winners to make a lifetime of investing worthwhile.

In our society, it's been the men who've handled most of the finances, and the women who've stood by and watched men botch things up.

Invest in businesses any idiot could run, because someday one will.

Imagine if you borrowed your parents' car without permission and ran it into a tree, how much better you'd feel if you were incorporated.