Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.

My high-tech aversion caused me to make fun of the typical biotech enterprise: $100 million in cash from selling shares, one hundred Ph.D.'s, 99 microscopes, and zero revenues.

The person that turns over the most rocks wins the game. And that's always been my philosophy.

More money is lost anticipating the changes in the overall stock market than any other way of investing.

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.

All the time and effort people devote to picking the right fund, the hot hand, the great manager have, in most cases, led to no advantage.

You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.