Investing In A Market Where People Believe

Two Rules: 1. Preserve The Principal 2. When In Doubt, See Rule #1.

It's Just That Right Now The Athlete's On The Floor. But We - This Is A Super Athlete.

Someone Is Sitting In The Shade Today Because Someone Planted A Tree A Long Time Ago.

Never Depend On A Single Source Of Income.

There Are Three Important Principles To Graham's Approach. [the First Is To Look At Stocks As Fractional Shares Of A Business, Which] Gives You An Entirely Different View Than Most People Who Are In The Market. [the Second Principle Is The Margin-of-safety Concept, Which] Gives You The Competitive Advantage. [the Third Is Having A True Investor's Attitude Toward The Stock Market, Which] If You Have That Attitude, You Start Out Ahead Of 99 Percent Of All The People Who Are Operating In The Stock Market - It's An Enormous Advantage.