The Junior High Schools And High Schools

I Talk To Hundreds Of Companies A Year And Spend Hour After Hour In Heady Pow-wows With Ceos, Financial Analysts And My Colleagues In The Mutual-fund Business, But I Stumble Onto The Big Winners In Extracurricular Situations, The Same Way You Do.

Long-term Investing Has Gotten So Popular, It's Easier To Admit You're A Crack Addict Than To Admit You're A Short-term Investor.

Charts Are Great For Predicting The Past.

If You Can Follow Only One Bit Of Data, Follow The Earnings - Assuming The Company In Question Has Earnings. I Subscribe To The Crusty Notion That Sooner Or Later Earnings Make Or Break An Investment In Equities. What The Stock Price Does Today, Tomorrow, Or Next Week Is Only A Distraction.

Often, There Is No Correlation Between The Success Of A Company's Operations And The Success Of Its Stock Over A Few Months Or Even A Few Years. In The Long Term, There Is A 100 Percent Correlation Between The Success Of The Company And The Success Of Its Stock. This Disparity Is The Key To Making Money; It Pays To Be Patient, And To Own Successful Companies.