Quote

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

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
Company
Investing
Simple
Bored
Language
Explain
Understand
Investment
Inspirational
Quickly
Grader
Money
Prepared
Fifth
Able
Intelligent
Invest
Enough
Ought
Investors

More quotes by Peter Lynch

Image
Never buy anything that you can't illustrate on the back of a napkin.
Peter Lynch
Image
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.
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
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
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
Image
In business, competition is never as healthy as total domination.
Peter Lynch
Image
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.
Peter Lynch
Image
If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
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
When you sell in desperation, you always sell cheap.
Peter Lynch
Image
Charts are great for predicting the past.
Peter Lynch
Image
Investing is fun and exciting, but dangerous if you don't do any work.
Peter Lynch
Image
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.
Peter Lynch
Image
You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
Peter Lynch
Image
The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
Peter Lynch
Image
The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic.
Peter Lynch
Image
An important key to investing is to remember that stocks are not lottery tickets.
Peter Lynch
Image
Gentlemen who prefer bonds don't know what they're missing.
Peter Lynch
Image
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
Image
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