1. You only have to do very few things right in your life so long as you don’t do too many things wrong.
  2. We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
  3. We believe that according the name ‘investors’ to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a romantic.
  4. Chains of habit are too light to be felt until they are too heavy to be broken.
  5. If a business does well, the stock eventually follows.
  6. Only when the tide goes out do you discover who’s been swimming naked.
  7. In the business world, the rear view mirror is always clearer than the windshield.
  8. Risk comes from not knowing what you’re doing.
  9. Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
  10. The investor of today does not profit from yesterday’s growth.
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