I spend about fifteen minutes a year on economic analysis.
The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
I like to buy a company any fool can manage because eventually one will.
When you sell in desperation, you always sell cheap.
An important key to investing is to remember that stocks are not lottery tickets.
When people discover they are no good at baseball or hockey, they put away their bats and their skates and they take up amateur golf or stamp collecting or gardening. But when people discover they are no good at picking stocks, they are likely to continue to do it anyway.