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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
Probably
Sooner
Business
Idiot
Running
Investing
Going
Investment
Management
Financial
Intelligent
Later
Investors

More quotes by Peter Lynch

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There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.
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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.
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Searching for companies is like looking for grubs under rocks: if you turn over 10 rocks you'll likely find one grub if you turn over 20 rocks you'll find two.
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The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.
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Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.
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You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
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There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.
Peter Lynch
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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.
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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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The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.
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The best stock to buy is the one you already own.
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Avoid hot stocks in hot industries.
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Long shots almost always miss the mark.
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I've always been a great lover of baseball.
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When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increasing salaries becomes a first priority.
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If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.
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Invest in what you know.
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The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
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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.
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Improved turnout will give parliament and government the appearance of being more legitimate.
Peter Lynch