In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.

Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.

In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.

Invest in businesses any idiot could run, because someday one will.

You just don't know when you can find the bottom.

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

If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.