I deal in facts, not forecasting the future. That's crystal ball stuff. That doesn't work.

If a picture is worth a thousand words, in business, so is a number.

That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.

Invest in what you know.

There is always something to worry about. Avoid weekend thinking and ignoring the latest dire predictions of the newscasters. Sell a stock because the company's fundamentals deteriorate, not because the sky is falling.

Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested

Never invest in any idea you can't illustrate with a crayon