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All the math you need in the stock market you get in the fourth grade.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Investing
Math
Market
Need
Grade
Needs
Grades
Stock
Fourth

More quotes by Peter Lynch

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I spend about fifteen minutes a year on economic analysis.
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Never buy anything that you can't illustrate on the back of a napkin.
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Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
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The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.
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Behind every stock is a company. Find out what it's doing.
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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.
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If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
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Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
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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.
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There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.
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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.
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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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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.
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Spend at least as much time researching a stock as you would choosing a refrigerator.
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More money is lost anticipating the changes in the overall stock market than any other way of investing.
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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.
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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.
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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.
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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.
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You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
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