The Natural-born Investor Is A Myth.

I Spend About Fifteen Minutes A Year On Economic Analysis.

If You Can Follow Only One Bit Of Data, Follow The Earnings - Assuming The Company In Question Has Earnings. I Subscribe To The Crusty Notion That Sooner Or Later Earnings Make Or Break An Investment In Equities. What The Stock Price Does Today, Tomorrow, Or Next Week Is Only A Distraction.

All The Time And Effort People Devote To Picking The Right Fund, The Hot Hand, The Great Manager Have, In Most Cases, Led To No Advantage.

The Simpler It Is, The Better I Like It.

It Isn't The Head But The Stomach That Determines The Fate Of The Stockpicker.