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.

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

The S&P is up 343.8 percent for 10 years. That is a four-bagger. The general equity funds are up 283 percent. So it's getting worse, the deterioration by professionals is getting worse. The public would be better off in an index fund.

What makes stocks valuable in the long run isn't the market. It's the profitability of the shares in the companies you own. As corporate profits increase, corporations become more valuable and sooner or later, their shares will sell for a higher price.

The natural-born investor is a myth.

When even the analysts are bored, it's time to start buying.

Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.