WORDS OF WISDOM
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'Risk comes from not knowing what you are doing.' 

                                                         - Warren Buffet



'I have an edge because a lot of people I compete with are not looking for reasons to buy. They are looking for reasons not to buy.'
                                                                                                                                                         - Peter Lynch



'Everybody remembers the dark side of 1987 crash, but they tend to forget what a great buying opportunity it was.'
                                                                                                                                                     - Graham Cooper



'One of the safest times to invest is when the news is awful and markets are depressed: the time of Deepest Gloom.'
                                                                                                                                                         - John Train



'By being very selective, you increase your chances of picking superior performers.  You can also watch those stocks much more carefully, which is important in controlling risk.'
                                                                                                                                                   - William O'Neil



'An investor cannot earn superior profits from stocks simply by committing to a specific category or style.  He can earn them only by carefully evaluating facts and continuously exercising discipline'
                                                                                                                                                   - Warren Buffet



'How quickly investors flock to better-performing mutual funds, even though financial researchers have shown that the 'hot funds' in one time period very often turn out to be the poorest performers in another.' 
                                                                                                                                                       - David Dreman



'I believe it is critical not to be part of the herd when investing in financial markets.  Just because most investors are moving in a particular direction doesn't make it the best direction. In fact, often it has meant the opposite.'
                                                                                                                                                           - Jeffrey Vinik



'The fact that other people agree or disagree with you makes you neither right or wrong. You will be right if your facts and reasoning are correct.'
                                                                                                                                               - Benjamin Graham



'Remember that downturns do not last forever...'
 
                                                         - John Train



'An investor's worst enemy is not the stock market but one's self'
 
                                                                       - Benjamin Graham



'The investor, unlike the speculator, does not have to worry too much about the short term' 
 
                                                                                                                             - John Train



'To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insight, or inside information. What's needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework.' 
                                                                                                                                                     - Warren Buffet
 

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