Quote

In business, competition is never as healthy as total domination.

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
Total
Competition
Healthy
Business
Never
Domination
Investing

More quotes by 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
In stocks as in romance, ease of divorce is not a sound basis for commitment.
Peter Lynch
Image
Long shots almost always miss the mark.
Peter Lynch
Image
I don't go near the money and the money doesn't go near me.
Peter Lynch
Image
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.
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
An important key to investing is to remember that stocks are not lottery tickets.
Peter Lynch
Image
You can't see the future through a rearview mirror
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
Spend at least as much time researching a stock as you would choosing a refrigerator.
Peter Lynch
Image
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.
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
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
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
Invest in what you know.
Peter Lynch
Image
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.
Peter Lynch
Image
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
Image
There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.
Peter Lynch
Image
If all the economists in the world were laid end to end, it wouldn't be a bad thing.
Peter Lynch
Image
Avoid hot stocks in hot industries.
Peter Lynch