Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
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
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Hundred
Typical
Fun
Caused
Biotech
Millions
Cash
Revenues
Share
Zero
Microscopes
High
Enterprise
Tech
Make
Investing
Shares
Selling
Aversion
Million
Revenue
More quotes by Peter Lynch
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.
Peter Lynch
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.
Peter Lynch
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.
Peter Lynch
Behind every stock is a company. Find out what it's doing.
Peter Lynch
I spend about fifteen minutes a year on economic analysis.
Peter Lynch
Improved turnout will give parliament and government the appearance of being more legitimate.
Peter Lynch
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.
Peter Lynch
You have to keep your priorities straight if you plan to do well in stocks.
Peter Lynch
In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.
Peter Lynch
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.
Peter Lynch
If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
Peter Lynch
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.
Peter Lynch
As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.
Peter Lynch
There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.
Peter Lynch
Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we'll get somewhere.
Peter Lynch
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.
Peter Lynch
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
Invest in businesses any idiot could run, because someday one will.
Peter Lynch
Spend at least as much time researching a stock as you would choosing a refrigerator.
Peter Lynch
All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out.
Peter Lynch