4 The market is like a voting machine in the short term but ...

4 The market is like a voting machine in the short term but like a weighing machine in the long term.
Prices can fluctuate wildly based on emotion, but the true value of a business will show over the years (whether good or bad).

5 The intelligent investor's primary goal is to not lose money – and that's not easy.
If you lose 95% of your money, you have to make a 1900% profit just to get back to square one!

6 Buying even the best stock only makes sense at the right price.
Always ask "How much?" before buying, like you buy your groceries.