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

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Competition
Healthy
Business
Never
Domination
Investing
Total

More quotes by Peter Lynch

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Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
Peter Lynch
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Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.
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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 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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The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
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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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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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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
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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
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In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.
Peter Lynch
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All the math you need in the stock market you get in the fourth grade.
Peter Lynch
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Most investors would be better off in an index fund.
Peter Lynch
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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.
Peter Lynch
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Avoid hot stocks in hot industries.
Peter Lynch
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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.'
Peter Lynch
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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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If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.
Peter Lynch
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I don't go near the money and the money doesn't go near me.
Peter Lynch
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You can't see the future through a rearview mirror
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.
Peter Lynch