Although it’s easy to forget sometimes, a share of stock is not a lottery ticket. It’s part ownership of a business. - Peter Lynch

share of stock is not a lottery ticket. It’s part ownership of a business.

Look for small companies that are already profitable and have proven that their concept can be replicated. • Be suspicious of companies with growth rates of 50 to 100 percent a year.

When looking at the same sky, people in mature industries see clouds where people in immature industries see pie.

The combination of new equipment and new chemicals turned the American farm into the most efficient food bank on earth, capable of producing more wheat, corn, and so forth, per acre than any other country's farms in the history of agriculture.