Quote

Avoid hot stocks in hot industries.

Peter Lynch

Change background

T
T
T

Change font

TAGS & TOPICS

Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Industries
Stocks
Hot
Avoid
Industry

More quotes by Peter Lynch

Image
That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.
Peter Lynch
Image
Time is on your side when you own shares of superior companies.
Peter Lynch
Image
I'm always fully invested. It's a great feeling to be caught with your pants up.
Peter Lynch
Image
An important key to investing is to remember that stocks are not lottery tickets.
Peter Lynch
Image
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.
Peter Lynch
Image
There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.
Peter Lynch
Image
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.
Peter Lynch
Image
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.
Peter Lynch
Image
A lot of people got in at the wrong time. A lot of people did very well and some people said, This is it. I'll never get back in again. And they maybe meant it, but they probably got back in again anyway.
Peter Lynch
Image
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.
Peter Lynch
Image
Searching for companies is like looking for grubs under rocks: if you turn over 10 rocks you'll likely find one grub if you turn over 20 rocks you'll find two.
Peter Lynch
Image
I spend about fifteen minutes a year on economic analysis.
Peter Lynch
Image
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.
Peter Lynch
Image
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.
Peter Lynch
Image
Everyone has the brain power to make money in stocks. Not everyone has the stomach.
Peter Lynch
Image
Behind every stock is a company. Find out what it's doing.
Peter Lynch
Image
If all the economists in the world were laid end to end, it wouldn't be a bad thing.
Peter Lynch
Image
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
Peter Lynch
Image
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.
Peter Lynch
Image
Invest in what you know.
Peter Lynch