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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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I like to buy a company any fool can manage because eventually one will.
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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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All the math you need in the stock market you get in the fourth grade.
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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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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 the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.
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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.
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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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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.
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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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Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.
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Long shots almost always miss the mark.
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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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