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

More quotes by Peter Lynch

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My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.
Peter Lynch
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Invest in businesses any idiot could run, because someday one will.
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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The best stock to buy is the one you already own.
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.
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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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.
Peter Lynch
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Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.
Peter Lynch
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I've always said, the key organ here isn't the brain, it's the stomach. When things start to decline - there are bad headlines in the papers and on television - will you have the stomach for the market volatility and the broad-based pessimism that tends to come with it?
Peter Lynch
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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.
Peter Lynch
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In our society, it's been the men who've handled most of the finances, and the women who've stood by and watched men botch things up.
Peter Lynch
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In business, competition is never as healthy as total domination.
Peter Lynch
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All the math you need in the stock market you get in the fourth grade.
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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I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'
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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Everyone has the brain power to make money in stocks. Not everyone has the stomach.
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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The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
Peter Lynch
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I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'
Peter Lynch