Hold no more stocks than you can remain informed on.

In stocks as in romance, ease of divorce is not a sound basis for commitment.

In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.

Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage.

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

Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three years, you might as well flip a coin to decide.

The more cash that builds up in the treasury, the greater the pressure to piss it away.