Quote

If all the economists in the world were laid end to end, it wouldn't be a bad thing.

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
Economists
Economist
Laid
Wouldn
Ends
Thing
World

More quotes by Peter Lynch

Image
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.
Peter Lynch
Image
Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.
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
There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.
Peter Lynch
Image
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
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
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
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
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
If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
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
Everyone has the brain power to make money in stocks. Not everyone has the stomach.
Peter Lynch
Image
I don't go near the money and the money doesn't go near me.
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'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
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
Improved turnout will give parliament and government the appearance of being more legitimate.
Peter Lynch
Image
What makes stocks valuable in the long run isn't the market. It's the profitability of the shares in the companies you own. As corporate profits increase, corporations become more valuable and sooner or later, their shares will sell for a higher price.
Peter Lynch
Image
Long shots almost always miss the mark.
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