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

Charts are great for predicting the past.

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

It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.

Your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand.

If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.

When you sell in desperation, you always sell cheap.