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
The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
The S&P is up 343.8 percent for 10 years. That is a four-bagger. The general equity funds are up 283 percent. So it's getting worse, the deterioration by professionals is getting worse. The public would be better off in an index fund.
Stocks are a safe bet, but only if you stay invested long enough to ride out the corrections.
The more cash that builds up in the treasury, the greater the pressure to piss it away.
All the math you need in the stock market you get in the fourth grade.
Visiting stores and testing products is one of the critical elements of the analyst's job.
Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage.
The natural-born investor is a myth.
It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
Owning stocks is like having children - don't get involved with more than you can handle.
Everyone has the brain power to make money in stocks. Not everyone has the stomach.
The simpler it is, the better I like it.
I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.