Everyone has the brain power to make money in stocks. Not everyone has the stomach.

When even the analysts are bored, it's time to start buying.

It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.

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.

I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.

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.

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