I'm always fully invested. It's a great feeling to be caught with your pants up.

The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic.

Improved turnout will give parliament and government the appearance of being more legitimate.

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

If you can't find any companies that you think are attractive, put your money in the bank until you discover some.

There is always something to worry about. Avoid weekend thinking and ignoring the latest dire predictions of the newscasters. Sell a stock because the company's fundamentals deteriorate, not because the sky is falling.

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