Diversification may preserve wealth, but concentration builds wealth.

The Noah rule: Predicting rain doesn't count; building arks does.

How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.

We always live in an uncertain world. What is certain is that the United States will go forward over time.

Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market.

A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very old lessons.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.