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I spend about fifteen minutes a year on economic analysis.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Fifteen
Analysis
Spend
Minutes
Economic
Year
Years

More quotes by Peter Lynch

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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.
Peter Lynch
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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.
Peter Lynch
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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.
Peter Lynch
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More money is lost anticipating the changes in the overall stock market than any other way of investing.
Peter Lynch
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People who want to know how stocks fared on any given day ask, Where did the Dow close? I'm more interested in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.
Peter Lynch
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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.
Peter Lynch
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Time is on your side when you own shares of superior companies.
Peter Lynch
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Never buy anything that you can't illustrate on the back of a napkin.
Peter Lynch
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If all the economists in the world were laid end to end, it wouldn't be a bad thing.
Peter Lynch
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Everyone has the brain power to make money in stocks. Not everyone has the stomach.
Peter Lynch
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When you sell in desperation, you always sell cheap.
Peter Lynch
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Long shots almost always miss the mark.
Peter Lynch
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An important key to investing is to remember that stocks are not lottery tickets.
Peter Lynch
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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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You have to let the big ones make up for your mistakes.
Peter Lynch
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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.
Peter Lynch
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The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
Peter Lynch
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If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.
Peter Lynch
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I like to buy a company any fool can manage because eventually one will.
Peter Lynch
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If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
Peter Lynch