Power wears out those who don't have it
If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic.
Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.
I too realize that the less I preach the more likely I am to be heard.
The age of a woman is not important: you can be wonderful in your 20's, amazing in your 40's and stay fabulous for the rest of your life.
I don't have any simple things. I only have things like a gold-studded leather jacket. Then I'm going to Hawaii and I'm asking myself "Do I pack it? It could be cold. " I'm inventing scenarios where I could wear it.
A religion that gives nothing, costs nothing, and suffers nothing, is worth nothing.