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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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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Fundamentals
Shame
Worse
Losing
Hold
Deteriorating
Everybody
Shameful
Money
Stock
Doe
Investing

More quotes by Peter Lynch

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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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When you sell in desperation, you always sell cheap.
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Everyone has the brain power to make money in stocks. Not everyone has the stomach.
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Most investors would be better off in an index fund.
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If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.
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If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
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The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
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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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I spend about fifteen minutes a year on economic analysis.
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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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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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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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If you're lucky enough to have been rewarded in life to the degree that I have, there comes a point at which you have to decide whether to become a slave to your net worth by devoting the rest of your life to increasing it or to let what you've accumulated begin to serve you.
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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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If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
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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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More money is lost anticipating the changes in the overall stock market than any other way of investing.
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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.
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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.
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Charts are great for predicting the past.
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