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Avoid hot stocks in hot industries.

Peter Lynch

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

More quotes by Peter Lynch

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You have to let the big ones make up for your mistakes.
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That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.
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Everyone has the brain power to make money in stocks. Not everyone has the stomach.
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Charts are great for predicting the past.
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The best stock to buy is the one you already own.
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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 don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'
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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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You can't see the future through a rearview mirror
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I don't go near the money and the money doesn't go near me.
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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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You have to keep your priorities straight if you plan to do well in stocks.
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Improved turnout will give parliament and government the appearance of being more legitimate.
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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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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.
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Invest in what you know.
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All the math you need in the stock market you get in the fourth grade.
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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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Spend at least as much time researching a stock as you would choosing a refrigerator.
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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.
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