All the math you need in the stock market you get in the fourth grade.

You just don't know when you can find the bottom.

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.

The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.

The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.

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

People who want to know how stocks fared on any given day ask, "Where did the Dow close?" I'm more interested in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.