“
Change is the investor's only certainty.
“
It is better to be in the best stocks of a growth industry than to look for cheap companies in declining ones.
“
If you own shares in a great company, don't be in a hurry to sell them. Good companies are hard to find.
“
Every business cycle reaches its peak. The investor who ignores this will be reminded by the market.
“
The fertile fields for growth are those industries where the products or services are becoming necessities rather than luxuries.