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
You can't see the future through a rearview mirror
Peter Lynch
Image
Invest in businesses any idiot could run, because someday one will.
Peter Lynch
Image
In stocks as in romance, ease of divorce is not a sound basis for commitment.
Peter Lynch
Image
Invest in what you know.
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
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
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
Image
The real key to making money in stocks is not to get scared out of them.
Peter Lynch
Image
I like to buy a company any fool can manage because eventually one will.
Peter Lynch
Image
The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
Peter Lynch
Image
If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
Peter Lynch
Image
I've always said, the key organ here isn't the brain, it's the stomach. When things start to decline - there are bad headlines in the papers and on television - will you have the stomach for the market volatility and the broad-based pessimism that tends to come with it?
Peter Lynch
Image
Behind every stock is a company. Find out what it's doing.
Peter Lynch
Image
Gentlemen who prefer bonds don't know what they're missing.
Peter Lynch
Image
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run 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
The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.
Peter Lynch
Image
You have to let the big ones make up for your mistakes.
Peter Lynch
Image
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.
Peter Lynch
Image
When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increasing salaries becomes a first priority.
Peter Lynch