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!

Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.

Have patience. Stocks don't go up immediately.

Making a decision to sell is the most difficult thing we do.

Fear and greed tend to affect one's judgement.

If the stock goes down we want to buy more.

A lot of companies have lots of assets tied up in plant and equipment. Well, is it old plant, or is it new plant?