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 get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

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

Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three years, you might as well flip a coin to decide.

My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.

When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out.