Never invest in a business you don't understand.

Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.

Do what you would do for free, having passion for what you do is the most important thing.

If some institution wants to sell you a billion dollars worth of mortgages, they might have to sell 100 million in the market, and then you'll buy the other 900 million on the same terms. Now, the very fact that this has been authorized or will be authorized, I hope, will firm up the market to some degree. And that's fine. But you don't want to have artificial prices being paid.

Never depend on single income. Make investment to create a second source.

Gold has two significant shortcomings, being neither of much use nor procreative.

In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.