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

What makes stocks valuable in the long run isn't the market. It's the profitability of the shares in the companies you own. As corporate profits increase, corporations become more valuable and sooner or later, their shares will sell for a higher price.

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.

Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.

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.

You just don't know when you can find the bottom.

Never buy anything that you can't illustrate on the back of a napkin.