The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and markets. Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.

Beware of geeks bearing formulas.

My father was the best person i've ever known.

... the best way to own common stocks is through an index fund.

You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.

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

A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.