Investment Advice

Never catch a falling knife.

The first rule of investing is not to lose money. The second rule is not to forget the fist rule.

The trend is your friend.

The market has no morality.

It's only when the tide goes out that you learn who's been swimming naked.

The best time to buy anything is last year.

Nobody ever went bankrupt by taking profit.

Homo sapiens non urinat in ventum.

Sometimes your best investments are the ones you don't make.

We all need money, but there are degrees of desperation.

Money is always there, but the pockets change.

Spend at least as much time researching a stock as you would choosing a refrigerator.

Amateurs Focus on Rewards. Professionals Focus On Risk.

Successful investing is anticipating the anticipations of others.

Think short term.

Think long term.

Run with the herd.

Never run with the herd.

I don't pay attention to what the stock does. If the business does well, the stock eventually follows (Warren Buffett)

Always play with other people's money.

October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.

The First Law of Technical Analysis: For every analysis, there exists an equal and opposite analysis. The Second Law of Technical Analysis: They're both wrong!

Profit is only made after all your positions are closed.

Information is pretty thin stuff, unless mixed with experience.

Even if 50 million people think something is stupid, it's still stupid.

The safest way to double your money is to fold it and put it in your pocket.

You don't know who's swimming naked until the tide goes out (Warren Buffet)