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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.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Buying
Summer
Early
Months
Probably
Four
Three
Rally
Great
Stocks

More quotes by Peter Lynch

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I've always been a great lover of baseball.
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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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Long shots almost always miss the mark.
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Most investors would be better off in an index fund.
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Spend at least as much time researching a stock as you would choosing a refrigerator.
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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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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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Invest in what you know.
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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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I've always said, the key organ here isn't the brain, it's the stomach. When things start to decline - there are bad headlines in the papers and on television - will you have the stomach for the market volatility and the broad-based pessimism that tends to come with it?
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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, 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 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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The best stock to buy is the one you already own.
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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.
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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.
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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'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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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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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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