You shouldn't just pick a stock - you should do your homework.

I deal in facts, not forecasting the future. That's crystal ball stuff. That doesn't work.

The junior high schools and high schools of America have forgotten to teach one of the most important courses of all. Investing.

A stock market decline is as routine as a January blizzard in Colorado. If you're prepared, it can't hurt you. A decline is a great opportunity to pick up the bargains left behind by investors who are fleeing the storm in panic.

In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.

You have to let the big ones make up for your mistakes.

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