Visiting stores and testing products is one of the critical elements of the analyst's job.

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

People who want to know how stocks fared on any given day ask, "Where did the Dow close?" I'm more interested in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.

The natural-born investor is a myth.

I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'

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

You shouldn't just pick a stock - you should do your homework.