One of the tricks of this business is, keep your losses down.
Have a philosophy of investment and try to follow it.
I was in Graham's office the day he bought GEICO. Warren owns one-third of the stock today.
Be sure that debt does not exceed 100% of the equity.
The market is a very emotional place that appeals to fear and greed.
Don't be afraid to be a loner but be sure that you are correct in your judgement.