Invest in what you know.

You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.

I like to buy a company any fool can manage because eventually one will.

Visiting stores and testing products is one of the critical elements of the analyst's job.

Bargains are the holy grail of the true stockpicker. The fact that 10 to 30 percent of our net worth is lost in a market sell-off is of little consequence. We see the latest correction not as a disaster but as an opportunity to acquire more shares at low prices. This is how great fortunes are made over time.

If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes

All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out.