Never Invest In Any Idea You Can't

Just Because You Buy A Stock And It Goes Up Does Not Mean You Are Right. Just Because You Buy A Stock And It Goes Down Does Not Mean You Are Wrong.

Your Investor's Edge Is Not Something You Get From Wall Street Experts. It's Something You Already Have. You Can Outperform The Experts If You Use Your Edge By Investing In Companies Or Industries You Already Understand.

The S&p Is Up 343.8 Percent For 10 Years. That Is A Four-bagger. The General Equity Funds Are Up 283 Percent. So It's Getting Worse, The Deterioration By Professionals Is Getting Worse. The Public Would Be Better Off In An Index Fund.

There's A Company Behind Every Stock And A Reason Companies - And Their Stocks - Perform The Way They Do.

Go For A Business That Any Idiot Can Run - Because Sooner Or Later, Any Idiot Probably Is Going To Run It.