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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
Years
Fifteen
Analysis
Spend
Minutes
Economic
Year

More quotes by Peter Lynch

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Charts are great for predicting the past.
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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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Improved turnout will give parliament and government the appearance of being more legitimate.
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I don't go near the money and the money doesn't go near me.
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Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
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Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we'll get somewhere.
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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.
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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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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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You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
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Time is on your side when you own shares of superior companies.
Peter Lynch
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The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.
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The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.
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My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.
Peter Lynch
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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.
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Invest in what you know.
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Everyone has the brain power to make money in stocks. Not everyone has the stomach.
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The best stock to buy is the one you already own.
Peter Lynch
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My high-tech aversion caused me to make fun of the typical biotech enterprise: $100 million in cash from selling shares, one hundred Ph.D.'s, 99 microscopes, and zero revenues.
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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