Peter Lynch
Peter Lynch
Peter Lynchis an American businessman and stock investor. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than doubling the S&P 500 market index and making it the best performing mutual fund in the world. During his tenure, assets under management increased from $18 million to $14 billion. He also co-authored a number of books and papers on investing and coined a number of well known mantras...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth19 January 1944
CountryUnited States of America
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.
It isn't the head but the stomach that determines the fate of the stockpicker.
People who want to know how stocks fared on any given day ask, "Where did the Dow close?" I'm more interested in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.
In business, competition is never as healthy as total domination.
The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
The most important organ in the body as far as the stock market is concerned is the guts, not the head. Anyone can acquire the know-how for analyzing stocks.
The junior high schools and high schools of America have forgotten to teach one of the most important courses of all. Investing.