Avoid hot stocks in hot industries.
Never buy anything that you can't illustrate on the back of a napkin.
You have to let the big ones make up for your mistakes.
More money is lost anticipating the changes in the overall stock market than any other way of investing.
Invest in businesses any idiot could run, because someday one will.
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.