Stocks you trade, it's wives you're stuck with. - Peter Lynch

To all the dozens of lessons we’re supposed to have learned from October, I can add three: (1) don’t let nuisances ruin a good portfolio; (2) don’t let nuisances ruin a good vacation; and (3) never travel abroad when you’re light on cash.

The typical big winner in the Lynch portfolio (I continue to pick my share of losers, too!) generally takes three to ten years or more to play out.

While catching up on the news is merely depressing to the citizen who has no stocks, it is a dangerous habit for the investor.