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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
Four
Three
Rally
Great
Stocks
Buying
Summer
Early
Months
Probably
More quotes by Peter Lynch
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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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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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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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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In our society, it's been the men who've handled most of the finances, and the women who've stood by and watched men botch things up.
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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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Everyone has the brain power to make money in stocks. Not everyone has the stomach.
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The real key to making money in stocks is not to get scared out of them.
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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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When you sell in desperation, you always sell cheap.
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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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Never buy anything that you can't illustrate on the back of a napkin.
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