Occupation: Businessman Birth: January 19, 1944
The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders..
If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds..
Avoid hot stocks in hot industries..
You should not buy a stock because it's cheap but because you know a lot about it..
The real key to making money in stocks is not to get scared out of them..
The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, per….
Spend at least as much time researching a stock as you would choosing a refrigerator..
Know what you own, and know why you own it..
Hold no more stocks than you can remain informed on..
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets..
All the math you need in the stock market you get in the fourth grade..
Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselve….
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it..
I don't go near the money and the money doesn't go near me..
Most investors would be better off in an index fund..
Everyone has the brain power to make money in stocks. Not everyone has the stomach..
Your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use yo….
A stock market decline is as routine as a January blizzard in Colorado. If you're prepared, it can't hurt you. A decline is a great opportunity to pi….
When people discover they are no good at baseball or hockey, they put away their bats and their skates and they take up amateur golf or stamp collect….
So while I was in college I did a little study on the freight industry, the air freight industry. And I looked at this company called Flying Tiger. A….
If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes.