Timidity prompted by past failures causes investors to miss the most important bull markets.
Don't sell on bad news.
Don't be afraid to be a loner but be sure that you are correct in your judgement.
Have patience. Stocks don't go up immediately.
You have to be a little aware of the emotions of the people who have invested with you.
Ben was really a contrarian but he didn't use those terms because he was really buying value.