In dieting and in stocks, it is the gut and not the head that determines the results. - Peter Lynch

There are five basic ways a company can increase earnings*: reduce costs; raise prices; expand into new markets; sell more of its product in the old markets; or revitalize, close, or otherwise dispose of a losing operation.

A person who owns property and has a stake in the enterprise is likely to work harder and feel happier and do a better job than a person who doesn’t.

If you don't understand a company, if you can't explain it to a ten-year-old in 2 minutes or less, don't own it.