In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.

If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.

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.

If you can find a company that can get away with raising prices year after year without losing customers (an addictive product such as cigarettes fills the bill), you've got a terrific investment.

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

All the math you need in the stock market you get in the fourth grade.

All the time and effort people devote to picking the right fund, the hot hand, the great manager have, in most cases, led to no advantage.