The Stock Market is designed to transfer money from the Active to the Patient.

The dumbest reason in the world to buy a stock is because it's going up.

The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.

Diversification may preserve wealth, but concentration builds wealth.

Never be afraid to ask for too much when selling or offer too little when buying.

When investing, pessimism is your friend, euphoria the enemy.