If You Don't Know Jewelry, Know The

[w]e Think The Very Term 'value Investing' Is Redundant. What Is 'investing' If It Is Not The Act Of Seeking Value At Least Sufficient To Justify The Amount Paid? Consciously Paying More For A Stock Than Its Calculated Value -- In The Hope That It Can Soon Be Sold For A Still-higher Price -- Should Be Labeled Speculation (which Is Neither Illegal, Immoral Nor -- In Our View -- Financially Fattening).

It's A Good Idea To Review Past Mistakes Before Committing New Ones.

Gold Has Two Significant Shortcomings, Being Neither Of Much Use Nor Procreative.

Traditional Wisdom Is Long On Tradition And Short On Wisdom.

If Principles Can Become Dated, They're Not Principles.