Proper diversification means investing in uncorrelated assets, and investing in multiple assets needs multiple sets of knowledge, more hours of research, and more marketfollowing. It is definitely more work for an investor.

Short-term price action means nothing and should mean nothing to you. Keep your focus on long-term business growth.

The most important thing is to invest. The second most important thing is to buy well.

Market quotes change every second, but business evolves steadily. You have ample time to evaluate a business to buy or not to buy. There is no rush.

Long-term price growth has three factors: yield, inflation, and business growth.

When you buy a stock, you buy a piece of business, not a quote from a broker. As long as the company is doing good, your investment is safe.

In the investment world, greed and fear are the lifeblood. Without these, there would be no economy, no capital market, and no transaction.

The greatest fear of a professional investor, who manages money for a living, is capital withdrawals at the wrong time.

it is not a calculated risk if you haven’t calculated it.