Never invest in anything that cannot be illustrated with a crayon

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.

When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increasing salaries becomes a first priority.

Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.

Improved turnout will give parliament and government the appearance of being more legitimate.

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.

Invest in what you know.