more than eight hundred thousand Americans file for personal bankruptcy every year. - Peter Lynch

But in the second half of the nineteenth century, when the United States was an emerging nation, prices held steady, even though the banks had begun printing money like crazy.

Actually Wall Street thinks just as the Greeks did. The early Greeks used to sit around for days and debate how many teeth a horse has. They thought they could figure it out by just sitting there, instead of checking the horse. A lot of investors sit around and debate whether a stock is going up, as if the financial muse will give them the answer, instead of checking the company.

When we say this, we’re assuming you are a long-term investor who is determined to stick with stocks no matter what.