There seems to be an unwritten rule on Wall Street: If you don't understand it, then put your life savings into it. Shun the enterprise around the corner, which can at least be observed, and seek out the one that manufactures an incomprehensible product.

Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we'll get somewhere.

Investing is fun and exciting, but dangerous if you don't do any work.

You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.

If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes

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

Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.