An investor needs to do very few things right as long as he or she avoids big mistakes.

You only have to do a very few things right in your life so long as you don't do too many things wrong.

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

Never risk what you have and need for what we don't have and don't need.

You don't have to be a genius to invest well

Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising 'Take two aspirins'?