Quote

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

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
Mattress
Running
Equity
Mattresses
Left
Fund
Portfolio
Money
Account
Portfolios
Wells
Mutual
Poorly
Well
Investing
Long
Chosen
Stocks
Always
Accounts
Bonds
Outperform
Market
Funds

More quotes by Peter Lynch

Image
I've always said, the key organ here isn't the brain, it's the stomach. When things start to decline - there are bad headlines in the papers and on television - will you have the stomach for the market volatility and the broad-based pessimism that tends to come with it?
Peter Lynch
Image
I talk to hundreds of companies a year and spend hour after hour in heady pow-wows with CEOs, financial analysts and my colleagues in the mutual-fund business, but I stumble onto the big winners in extracurricular situations, the same way you do.
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
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.
Peter Lynch
Image
Spend at least as much time researching a stock as you would choosing a refrigerator.
Peter Lynch
Image
Gentlemen who prefer bonds don't know what they're missing.
Peter Lynch
Image
My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.
Peter Lynch
Image
Never buy anything that you can't illustrate on the back of a napkin.
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
I've always been a great lover of baseball.
Peter Lynch
Image
Investing is fun and exciting, but dangerous if you don't do any work.
Peter Lynch
Image
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.
Peter Lynch
Image
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
Image
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
Image
It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
Peter Lynch
Image
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
Peter Lynch
Image
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
Image
The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
Peter Lynch
Image
I'm always fully invested. It's a great feeling to be caught with your pants up.
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