I Don't Know Anyone Who Said On

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 Collecting Or Gardening. But When People Discover They Are No Good At Picking Stocks, They Are Likely To Continue To Do It Anyway.

As I Look Back On It Now, It's Obvious That Studying History And Philosophy Was Much Better Preparation For The Stock Market Than, Say, Studying Statistics.

If You Can Find A Company That Can Get Away With Raising Prices Year After Year Without Losing Customers (an Addictive Product Such As Cigarettes Fills The Bill), You've Got A Terrific Investment.

Everyone Has The Brain Power To Make Money In Stocks. Not Everyone Has The Stomach.

Imagine If You Borrowed Your Parents' Car Without Permission And Ran It Into A Tree, How Much Better You'd Feel If You Were Incorporated.