You can't see the future through a rearview mirror

It's human nature to keep doing something as long as it's pleasurable and you can succeed at it, which is why the world population continues to double every 40 years.

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.

If you can't find any companies that you think are attractive, put your money in the bank until you discover some.

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.

The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.

Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.