The Biggest Winners Are Surprises To Me,

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.

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.

Absent A Lot Of Surprises, Stocks Are Relatively Predictable Over Twenty Years. As To Whether They're Going To Be Higher Or Lower In Two To Three Years, You Might As Well Flip A Coin To Decide.

Everyone Has The Brainpower To Make Money In Stocks. Not Everyone Has The Stomach. If You Are Susceptible To Selling Everything In A Panic, You Ought To Avoid Stocks And Mutual Funds Altogether.

In The Long Run, It's Not Just How Much Money You Make That Will Determine Your Future Prosperity. It's How Much Of That Money You Put To Work By Saving It And Investing It.