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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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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.
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I don't go near the money and the money doesn't go near me.
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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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I'm always fully invested. It's a great feeling to be caught with your pants up.
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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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Most investors would be better off in an index fund.
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An important key to investing is to remember that stocks are not lottery tickets.
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The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.
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I like to buy a company any fool can manage because eventually one will.
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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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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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Never buy anything that you can't illustrate on the back of a napkin.
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You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
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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.
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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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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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If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
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You have to let the big ones make up for your mistakes.
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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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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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