One of the tricks of this business is, keep your losses down.
Look at companies selling at new lows.
Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value.
Ben was really a contrarian but he didn't use those terms because he was really buying value.
Don't buy on tips or for a quick move.
Don't be afraid to be a loner but be sure that you are correct in your judgement.