Quote

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

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
Philosophy
Study
Studying
History
Statistics
Back
Stock
Better
Preparation
Look
Investing
Looks
Obvious
Much
Market

More quotes by Peter Lynch

Image
An important key to investing is to remember that stocks are not lottery tickets.
Peter Lynch
Image
The best stock to buy is the one you already own.
Peter Lynch
Image
Never buy anything that you can't illustrate on the back of a napkin.
Peter Lynch
Image
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.
Peter Lynch
Image
I spend about fifteen minutes a year on economic analysis.
Peter Lynch
Image
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
Image
Charts are great for predicting the past.
Peter Lynch
Image
Gentlemen who prefer bonds don't know what they're missing.
Peter Lynch
Image
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.'
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
Spend at least as much time researching a stock as you would choosing a refrigerator.
Peter Lynch
Image
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
Image
The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
Peter Lynch
Image
You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
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
Avoid hot stocks in hot industries.
Peter Lynch
Image
I'm always fully invested. It's a great feeling to be caught with your pants up.
Peter Lynch
Image
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
Image
I don't go near the money and the money doesn't go near me.
Peter Lynch
Image
Behind every stock is a company. Find out what it's doing.
Peter Lynch