Try to establish the value of a company.

I find it helpful to buy near the low of the last few years.

If you are honest, hardworking, reasonably intelligent and have good common sense, you can do well in the investment field as long as you are not too greedy and don't get too emotional when things go against you.

Buy stocks where the outlook is not good.

I agree with Warren to keep it simple and not use higher mathematics in your analysis.

I'm a passive investor. There are people who are very aggressive; they try to buy companies.

Fear and greed tend to affect one's judgement.