You should not buy a stock because it's cheap but because you know a lot about it.

My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.

Hold no more stocks than you can remain informed on.

Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.

The most important organ in the body as far as the stock market is concerned is the guts, not the head. Anyone can acquire the know-how for analyzing stocks.

If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.

You should not buy a stock because it's cheap but because you know a lot about it.