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Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Doe
Right
Mean
Stock
Investing
Goes
Wrong

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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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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Behind every stock is a company. Find out what it's doing.
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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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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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Invest in businesses any idiot could run, because someday one will.
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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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Improved turnout will give parliament and government the appearance of being more legitimate.
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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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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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Gentlemen who prefer bonds don't know what they're missing.
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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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Avoid hot stocks in hot industries.
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I'm always fully invested. It's a great feeling to be caught with your pants up.
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Time is on your side when you own shares of superior companies.
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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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Everyone has the brain power to make money in stocks. Not everyone has the stomach.
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Most investors would be better off in an index fund.
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When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
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If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
Peter Lynch