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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
Called
Realistic
Asks
Investing
Given
Picture
Many
Paint
Fared
People
Interested
Stocks
Close
Versus
Numbers
Decline
Went
Advance

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Invest in businesses any idiot could run, because someday one will.
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My high-tech aversion caused me to make fun of the typical biotech enterprise: $100 million in cash from selling shares, one hundred Ph.D.'s, 99 microscopes, and zero revenues.
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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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Investing is fun and exciting, but dangerous if you don't do any work.
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An important key to investing is to remember that stocks are not lottery tickets.
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The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
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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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Searching for companies is like looking for grubs under rocks: if you turn over 10 rocks you'll likely find one grub if you turn over 20 rocks you'll find two.
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I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'
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Long shots almost always miss the mark.
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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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