It Only Takes A Handful Of Big

Logic Is The Subject That Has Helped Me Most In Picking Stocks, If Only Because It Taught Me To Identify The Peculiar Illogic Of Wall Street. Actually Wall Street Thinks Just As The Greeks Did. The Early Greeks Used To Sit Around For Days And Debate How Many Teeth A Horse Has. They Thought They Could Figure It Out Just By Sitting There, Instead Of Checking The Horse. A Lot Of Investors Sit Around And Debate Whether A Stock Is Going Up, As If The Financial Muse Will Give Them The Answer, Instead Of Checking The Company.

The List Of Qualities (an Investor Should Have) Include Patience, Self-reliance, Common Sense, A Tolerance For Pain, Open-mindedness, Detachment, Persistence, Humility, Flexibility, A Willingness To Do Independent Research, An Equal Willingness To Admit Mistakes, And The Ability To Ignore General Panic.

I Don't Know Anyone Who Said On Their Deathbed: 'gee, I Wish I'd Spent More Time At The Office.'

The Stock Market Really Isn't A Gamble, As Long As You Pick Good Companies That You Think Will Do Well, And Not Just Because Of The Stock Price.

If You Spend More Than 13 Minutes Analyzing Economic And Market Forecasts, You've Wasted 10 Minutes