The most important ingredient for success in the stock market is a sharp sense of timing.

The three most important rules in selecting the right piece of real estate are location, location, location (and when we have periods of tight money I would add terms, terms, terms).

One characteristic that I have observed about the timing of all good traders is that they never try to squeeze out the last point in a stock.

There is only one kind of life insurance, and that is pure protection based on a mortality table. All others are pure protection plus a cash value element that I call 'funny' banking.

The person who takes no chances generally must take whatever is left over after others have finished choosing. Overcaution is as bad, if not worse, than lack of caution. Both should be avoided. Life will always contain an element of chance. Not to win is not a sin. But not to try is a tragedy.

Luck happens when preparedness and opportunity get together.

Yesterday is past. Tomorrow is only a promise. Only today is legal tender.