Occupation: Businessman Birth: January 19, 1944
The best stock to buy is the one you already own..
Searching for companies is like looking for grubs under rocks: if you turn over 10 rocks you'll likely find one grub; if you turn over 20 rocks you'l….
I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing ….
Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three yea….
My high-tech aversion caused me to make fun of the typical biotech enterprise: $100 million in cash from selling shares, one hundred Ph.D.'s, 99 micr….
Never invest in any idea you can't illustrate with a crayon.
The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders..
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..
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..