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Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Going
Investment
Management
Financial
Intelligent
Later
Investors
Probably
Sooner
Business
Idiot
Running
Investing

More quotes by Peter Lynch

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More money is lost anticipating the changes in the overall stock market than any other way of investing.
Peter Lynch
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My high-tech aversion caused me to make fun of the typical biotech enterprise: $100 million in cash from selling shares, one hundred Ph.D.'s, 99 microscopes, and zero revenues.
Peter Lynch
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I've always been a great lover of baseball.
Peter Lynch
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The real key to making money in stocks is not to get scared out of them.
Peter Lynch
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Long shots almost always miss the mark.
Peter Lynch
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Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.
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In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.
Peter Lynch
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That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.
Peter Lynch
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In stocks as in romance, ease of divorce is not a sound basis for commitment.
Peter Lynch
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Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.
Peter Lynch
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As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.
Peter Lynch
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You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.
Peter Lynch
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I spend about fifteen minutes a year on economic analysis.
Peter Lynch
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Time is on your side when you own shares of superior companies.
Peter Lynch
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A lot of people got in at the wrong time. A lot of people did very well and some people said, This is it. I'll never get back in again. And they maybe meant it, but they probably got back in again anyway.
Peter Lynch
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Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.
Peter Lynch
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The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.
Peter Lynch
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The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
Peter Lynch
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Gentlemen who prefer bonds don't know what they're missing.
Peter Lynch
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I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'
Peter Lynch