Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.

It isn't the head but the stomach that determines the fate of the stockpicker.

The S&P is up 343.8 percent for 10 years. That is a four-bagger. The general equity funds are up 283 percent. So it's getting worse, the deterioration by professionals is getting worse. The public would be better off in an index fund.

In stocks as in romance, ease of divorce is not a sound basis for commitment.

If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.

The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.

I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'