Hold No More Stocks Than You Can

I Can't Recall Ever Once Having Seen The Name Of A Market Timer On Forbes' Annual List Of The Richest People In The World. If It Were Truly Possible To Predict Corrections, You'd Think Somebody Would Have Made Billions By Doing It.

In The Long Run, A Portfolio Of Well Chosen Stocks And/or Equity Mutual Funds Will Always Outperform A Portfolio Of Bonds Or A Money-market Account. In The Long Run, A Portfolio Of Poorly Chosen Stocks Won't Outperform The Money Left Under The Mattress.

In This Business If You're Good, You're Right Six Times Out Of Ten. You're Never Going To Be Right Nine Times Out Of Ten.

Far More Money Has Been Lost By Investors Preparing For Corrections, Or Trying To Anticipate Corrections, Than Has Been Lost In Corrections Themselves.

Visiting Stores And Testing Products Is One Of The Critical Elements Of The Analyst's Job.