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.

Charts are great for predicting the past.

My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.

The Rule of 72 is useful in determining how fast money will grow. Take the annual return from any investment, expressed as a percentage, and divide it into 72. The result is the number of years it will take to double your money.

You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.

In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.

Hold no more stocks than you can remain informed on.