Long Shots Almost Always Miss

When Stocks Are Attractive, You Buy Them. Sure, They Can Go Lower. I've Bought Stocks At $12 That Went To $2, But Then They Later Went To $30. You Just Don't Know When You Can Find The Bottom.

Never Invest In A Company Without Understanding Its Finances. The Biggest Losses In Stocks Come From Companies With Poor Balance Sheets.

If You Go To Minnesota In January, You Should Know That It's Gonna Be Cold. You Don't Panic When The Thermometer Falls Below Zero.

People Who Want To Know How Stocks Fared On Any Given Day Ask, "where Did The Dow Close?" I'm More Interested In How Many Stocks Went Up Versus How Many Went Down. These So-called Advance/decline Numbers Paint A More Realistic Picture.

There's No Shame In Losing Money On A Stock. Everybody Does It. What Is Shameful Is To Hold On To A Stock, Or Worse, To Buy More Of It When The Fundamentals Are Deteriorating.