I Don't Go Near The Money And

People Who Want To Know How Stocks Fared On Any Given Day Ask, "where Did The Dow Close?" I'm More Interested In How Many Stocks Went Up Versus How Many Went Down. These So-called Advance/decline Numbers Paint A More Realistic Picture.

The Worst Thing You Can Do Is Invest In Companies You Know Nothing About. Unfortunately, Buying Stocks On Ignorance Is Still A Popular American Pastime.

I Can't Recall Ever Once Having Seen The Name Of A Market Timer On Forbes' Annual List Of The Richest People In The World. If It Were Truly Possible To Predict Corrections, You'd Think Somebody Would Have Made Billions By Doing It.

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.

It Would Be Wonderful If We Could Avoid The Setbacks With Timely Exits, But Nobody Has Figured Out How To Predict Them.