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.

The person that turns over the most rocks wins the game. And that's always been my philosophy.

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

So while I was in college I did a little study on the freight industry, the air freight industry. And I looked at this company called Flying Tiger. And I actually put a thousand dollars in it and I remember I thought this air cargo was going to be a thing of the future.

The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.

Gentlemen who prefer bonds don't know what they're missing.

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.