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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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Invest in what you know.
Peter Lynch
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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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When you sell in desperation, you always sell cheap.
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If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.
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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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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
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Spend at least as much time researching a stock as you would choosing a refrigerator.
Peter Lynch
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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
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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.
Peter Lynch
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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.
Peter Lynch
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Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.
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Charts are great for predicting the past.
Peter Lynch
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I spend about fifteen minutes a year on economic analysis.
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In stocks as in romance, ease of divorce is not a sound basis for commitment.
Peter Lynch
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That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.
Peter Lynch
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I like to buy a company any fool can manage because eventually one will.
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Most investors would be better off in an index fund.
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As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.
Peter Lynch
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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.
Peter Lynch
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My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.
Peter Lynch