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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

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Well
Stock
Long
Companies
Really
Pick
Good
Price
Think
Picks
Thinking
Market
Company
Wells
Gamble

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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.'
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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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Invest in businesses any idiot could run, because someday one will.
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Avoid hot stocks in hot industries.
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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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Time is on your side when you own shares of superior companies.
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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.
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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.
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If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
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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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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.
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Spend at least as much time researching a stock as you would choosing a refrigerator.
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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.
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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.
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Most investors would be better off in an index fund.
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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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Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.
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I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'
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I've always been a great lover of baseball.
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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.
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