The Rule of 72 is useful in determining how fast money will grow. Take the annual return from any investment, expressed as a percentage, and divide it into 72. The result is the number of years it will take to double your money.

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.

Spend at least as much time researching a stock as you would choosing a refrigerator.

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 person that turns over the most rocks wins the game. And that's always been my philosophy.

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.

Stocks are a safe bet, but only if you stay invested long enough to ride out the corrections.