The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.

You should not buy a stock because it's cheap but because you know a lot about it.

The typical big winner in the Lynch portfolio generally takes three to ten years to play out.

Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.

Gentlemen who prefer bonds don't know what they're missing.

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

People who want to know how stocks fared on any given day ask, "Where did the Dow close?" I'm more interested in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.