The three most important words in investing...Margin of Safety.
Beware of geeks bearing formulas.
Money is not everything. Make sure you earn a lot before speaking such nonsense.
I really like my life. I've arranged my life so that I can do what I want.
It's never paid to bet against America. We come through things, but its not always a smooth ride.
Buy a cross section of American industry, and if a cross section of American industry doesn't work, certainly trying to pick the little beauties here and there isn't going to work either.