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Spend at least as much time researching a stock as you would choosing a refrigerator.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Stock
Investing
Spend
Least
Researching
Much
Refrigerator
Would
Refrigerators
Time
Choosing
Finance

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It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
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You have to let the big ones make up for your mistakes.
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Gentlemen who prefer bonds don't know what they're missing.
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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.
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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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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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In business, competition is never as healthy as total domination.
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Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.
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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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In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.
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Improved turnout will give parliament and government the appearance of being more legitimate.
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My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.
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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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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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Behind every stock is a company. Find out what it's doing.
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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.
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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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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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I'm always fully invested. It's a great feeling to be caught with your pants up.
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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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