Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

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

More quotes by Peter Lynch

Image
When you sell in desperation, you always sell cheap.
Peter Lynch
Image
Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.
Peter Lynch
Image
I've always been a great lover of baseball.
Peter Lynch
Image
You have to let the big ones make up for your mistakes.
Peter Lynch
Image
I'm always fully invested. It's a great feeling to be caught with your pants up.
Peter Lynch
Image
All the math you need in the stock market you get in the fourth grade.
Peter Lynch
Image
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
Image
If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.
Peter Lynch
Image
When you start to confuse Freddie Mac, Sallie Mae and Fannie Mae with members of your family, and you remember 2,000 stock symbols but forget the children's birthdays, there's a good chance you've become too wrapped up in your work.
Peter Lynch
Image
In stocks as in romance, ease of divorce is not a sound basis for commitment.
Peter Lynch
Image
That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.
Peter Lynch
Image
The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
Peter Lynch
Image
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
Image
Never buy anything that you can't illustrate on the back of a napkin.
Peter Lynch
Image
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
Image
What makes stocks valuable in the long run isn't the market. It's the profitability of the shares in the companies you own. As corporate profits increase, corporations become more valuable and sooner or later, their shares will sell for a higher price.
Peter Lynch
Image
The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.
Peter Lynch
Image
I don't go near the money and the money doesn't go near me.
Peter Lynch
Image
I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'
Peter Lynch
Image
If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.
Peter Lynch