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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.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Turns
Searching
Two
Investing
Find
Companies
Like
Likely
Rocks
Turn
Company
Grubs
Looking
Grub

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If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.
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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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I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'
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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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Avoid hot stocks in hot industries.
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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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In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.
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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.
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Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we'll get somewhere.
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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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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.
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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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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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In stocks as in romance, ease of divorce is not a sound basis for commitment.
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More money is lost anticipating the changes in the overall stock market than any other way of investing.
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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.
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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.
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Spend at least as much time researching a stock as you would choosing a refrigerator.
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The best stock to buy is the one you already own.
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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.
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