I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'

In our society, it's been the men who've handled most of the finances, and the women who've stood by and watched men botch things up.

Never buy anything that you can't illustrate on the back of a napkin.

More money is lost anticipating the changes in the overall stock market than any other way of investing.

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

I talk to hundreds of companies a year and spend hour after hour in heady pow-wows with CEOs, financial analysts and my colleagues in the mutual-fund business, but I stumble onto the big winners in extracurricular situations, the same way you do.

Avoid hot stocks in hot industries.