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When you start to confuse Freddie Mac, Sallie Mae and Fannie Mae with members of your family, and you remember 2,000 stock symbols but forget the children's birthdays, there's a good chance you've become too wrapped up in your work.
Peter Lynch
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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
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the United States of America
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More quotes by Peter Lynch
Improved turnout will give parliament and government the appearance of being more legitimate.
Peter Lynch
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?
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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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The best stock to buy is the one you already own.
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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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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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Never buy anything that you can't illustrate on the back of a napkin.
Peter Lynch
If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
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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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Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.
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In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.
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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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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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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.
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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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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.
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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.
Peter Lynch
If all the economists in the world were laid end to end, it wouldn't be a bad thing.
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Charts are great for predicting the past.
Peter Lynch
All the math you need in the stock market you get in the fourth grade.
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