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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

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Equity
Inclination
Invest
Fund
Stomach
Mutual
Stocks
Neither
Funds
Time
Homework

More quotes by Peter Lynch

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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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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.
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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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I spend about fifteen minutes a year on economic analysis.
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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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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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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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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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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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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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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.
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If all the economists in the world were laid end to end, it wouldn't be a bad thing.
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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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Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.
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The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
Peter Lynch
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Investing is fun and exciting, but dangerous if you don't do any work.
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Avoid hot stocks in hot industries.
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When you sell in desperation, you always sell cheap.
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Most investors would be better off in an index fund.
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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.
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