Occupation: Businessman Birth: January 19, 1944
Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong..
If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings. I subscribe to the crusty notion that so….
An important key to investing is to remember that stocks are not lottery tickets..
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 funda….
Improved turnout will give parliament and government the appearance of being more legitimate..
When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increa….
There seems to be an unwritten rule on Wall Street: If you don't understand it, then put your life savings into it. Shun the enterprise around the co….
There is always something to worry about. Avoid weekend thinking and ignoring the latest dire predictions of the newscasters. Sell a stock because th….
It isn't the head but the stomach that determines the fate of the stockpicker..
Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage..
There's no use diversifying into unknown companies just for the sake of diversity. A foolish diversity is the hobgoblin of small investors. That said….
The S&P is up 343.8 percent for 10 years. That is a four-bagger. The general equity funds are up 283 percent. So it's getting worse, the deterioratio….
A price drop in a good stock is only a tragedy if you sell at that price and never buy more. To me, a price drop is an opportunity to load up on barg….
That's not to say there's no such thing as an overvalued market, but there's no point worrying about it..
The real key to making money in stocks is not to get scared out of them..
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets..
Know what you own, and know why you own it..
Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselve….
All the math you need in the stock market you get in the fourth grade..
I don't go near the money and the money doesn't go near me..
Hold no more stocks than you can remain informed on..