Quote

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.

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
Millions
Cash
Revenues
Share
Zero
Microscopes
High
Enterprise
Tech
Make
Investing
Shares
Selling
Aversion
Million
Revenue
Hundred
Typical
Fun
Caused
Biotech

More quotes by Peter Lynch

Image
Everyone has the brain power to make money in stocks. Not everyone has the stomach.
Peter Lynch
Image
When you sell in desperation, you always sell cheap.
Peter Lynch
Image
Avoid hot stocks in hot industries.
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
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
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
In stocks as in romance, ease of divorce is not a sound basis for commitment.
Peter Lynch
Image
There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.
Peter Lynch
Image
You have to let the big ones make up for your mistakes.
Peter Lynch
Image
Never buy anything that you can't illustrate on the back of a napkin.
Peter Lynch
Image
Most investors would be better off in an index fund.
Peter Lynch
Image
You have to keep your priorities straight if you plan to do well in stocks.
Peter Lynch
Image
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
Image
Spend at least as much time researching a stock as you would choosing a refrigerator.
Peter Lynch
Image
Invest in what you know.
Peter Lynch
Image
Long shots almost always miss the mark.
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
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
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.
Peter Lynch
Image
If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.
Peter Lynch