"The old Wall Street adage "never invest in anything that eats or needs repairs" may apply to racehorses, but it's mlarkey when it comes to houses." - Peter Lynch

That’s not to say there’s no such thing as an overvalued market, but there’s no point worrying about it.

My advice for the next decade: Keep on the lookout for tomorrow’s big baggers. You’re likely to find one.

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.