Just Because You Buy A Stock And

When Management Owns Stock, Then Rewarding The Shareholders Becomes A First Priority, Whereas When Management Simply Collects A Paycheck, Then Increasing Salaries Becomes A First Priority.

In Stocks As In Romance, Ease Of Divorce Is Not A Sound Basis For Commitment.

There Seems To Be An Unwritten Rule On Wall Street: If You Don't Understand It, Then Put Your Life Savings Into It. Shun The Enterprise Around The Corner, Which Can At Least Be Observed, And Seek Out The One That Manufactures An Incomprehensible Product.

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.

I've Always Been A Great Lover Of Baseball.