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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.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Attractive
Companies
Discover
Company
Money
Find
Think
Bank
Thinking
Investing

More quotes by 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.
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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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What makes stocks valuable in the long run isn't the market. It's the profitability of the shares in the companies you own. As corporate profits increase, corporations become more valuable and sooner or later, their shares will sell for a higher price.
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You have to let the big ones make up for your mistakes.
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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.
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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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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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Investing is fun and exciting, but dangerous if you don't do any work.
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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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My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.
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I've always been a great lover of baseball.
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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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Improved turnout will give parliament and government the appearance of being more legitimate.
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When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
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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 spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
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Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
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I don't go near the money and the money doesn't go near me.
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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.
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Never buy anything that you can't illustrate on the back of a napkin.
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