The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.

Behind every stock is a company. Find out what it's doing.

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

Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.

So while I was in college I did a little study on the freight industry, the air freight industry. And I looked at this company called Flying Tiger. And I actually put a thousand dollars in it and I remember I thought this air cargo was going to be a thing of the future.

Bargains are the holy grail of the true stockpicker. The fact that 10 to 30 percent of our net worth is lost in a market sell-off is of little consequence. We see the latest correction not as a disaster but as an opportunity to acquire more shares at low prices. This is how great fortunes are made over time.

Visiting stores and testing products is one of the critical elements of the analyst's job.