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.

Book values have some good and some bad features.

You know, people tend to like to buy companies that are doing well.

Remember that a share of stock represents a part of a business and is not just a piece of paper.

Buy stocks where the outlook is not good.

You have to have confidence in what you're doing.

I don't have a ticker-tape machine in my office.