Know what you own, and know why you own it.

Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

Take the job that you would take if you were independently wealthy.

In life and business, there are two cardinal sins, the first is to act precipitously without thought, and the second is to not act at all.

My peculiarity is that I don't have a particular style of investing or, more exactly, I try to change my style to fit the conditions.

If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.