1) "Forget about buy and hold. The only way to try to make money in the market is buy and homework."
2) "Every time you get something wrong you shouldn't say woulda, shoulda, coulda." There is a grueling emotional side of investing so time should not be wasted beating yourself up. Instead do homework, think and try to make money.
3) "Stock tips are tempting, but they are not worth listening to. Tips are for waiters, not traders."
4) "Don't put all of your eggs in one basket. Diversification is the only free lunch."
5) "Don't be arrogant. Don't buy stock all at once. Be patient and buy incrementally."
