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The beauty of diversification is it's about as close as you can get to a free lunch in investing.

The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of artificial, short-term gains.

Both from the standpoint of stocks and bonds, an investor wants to go where the growth is.

Many financial innovations such as the increased availability of low-cost mutual funds have improved opportunities for households to participate in asset markets and diversify their holdings.

Everyone wants quick deals. They don't want to invest.

Regardless of what the future holds, intelligent investment in common stocks offer a solid route for a reasonable return on investment going forward.

There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

Look: invest in what you understand, what's foreseeably going to offer real value and returns, not necessarily what's trendy.

What we are doing is increasing our focus on cash flow, return on investment, and value creation.