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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.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
People
Interested
Stocks
Close
Versus
Numbers
Decline
Went
Advance
Called
Realistic
Asks
Investing
Given
Picture
Many
Paint
Fared

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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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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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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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The stock market really isn't a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.
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Charts are great for predicting the past.
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Investing is fun and exciting, but dangerous if you don't do any work.
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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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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.
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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.
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I like to buy a company any fool can manage because eventually one will.
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If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.
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All the math you need in the stock market you get in the fourth grade.
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Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.
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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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You can't see the future through a rearview mirror
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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.
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In business, competition is never as healthy as total domination.
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It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
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Spend at least as much time researching a stock as you would choosing a refrigerator.
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