When it comes to investing, my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night!

Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value.

I have been around a long time and Wall Street has changed a lot.

You have to have patience in this field.

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

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

Don't sell on bad news.