The Natural-born Investor Is A Myth.

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

The S&p Is Up 343.8 Percent For 10 Years. That Is A Four-bagger. The General Equity Funds Are Up 283 Percent. So It's Getting Worse, The Deterioration By Professionals Is Getting Worse. The Public Would Be Better Off In An Index Fund.

There's No Use Diversifying Into Unknown Companies Just For The Sake Of Diversity. A Foolish Diversity Is The Hobgoblin Of Small Investors. That Said, It Isn't Safe To Own Just One Stock, Because In Spite Of Your Best Efforts, The One You Choose Might Be The Victim Of Unforeseen Circumstances. In Small Portfolios, I'd Be Comfortable Owning Between Three And Ten Stocks.

In Our Society, It's Been The Men Who've Handled Most Of The Finances, And The Women Who've Stood By And Watched Men Botch Things Up.

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.