Quote

If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes

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
Wasted
Management
Market
Spend
Minutes
Risk
Economic
Forecasts
Analyzing

More quotes by 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
Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.
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
Never buy anything that you can't illustrate on the back of a napkin.
Peter Lynch
Image
I spend about fifteen minutes a year on economic analysis.
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
I don't go near the money and the money doesn't go near me.
Peter Lynch
Image
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
Peter Lynch
Image
Investing is fun and exciting, but dangerous if you don't do any work.
Peter Lynch
Image
All the math you need in the stock market you get in the fourth grade.
Peter Lynch
Image
More money is lost anticipating the changes in the overall stock market than any other way of investing.
Peter Lynch
Image
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.
Peter Lynch
Image
It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
Peter Lynch
Image
All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out.
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
Image
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.
Peter Lynch
Image
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
Image
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.
Peter Lynch
Image
In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.
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