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You have to let the big ones make up for your mistakes.

Peter Lynch

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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Mistakes
Ones
Mistake
Bigs
Make

More quotes by Peter Lynch

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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.
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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If you're lucky enough to have been rewarded in life to the degree that I have, there comes a point at which you have to decide whether to become a slave to your net worth by devoting the rest of your life to increasing it or to let what you've accumulated begin to serve you.
Peter Lynch
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Improved turnout will give parliament and government the appearance of being more legitimate.
Peter Lynch
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Invest in what you know.
Peter Lynch
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Long shots almost always miss the mark.
Peter Lynch
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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
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The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
Peter Lynch
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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.
Peter Lynch
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In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.
Peter Lynch
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I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'
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.
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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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
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When you sell in desperation, you always sell cheap.
Peter Lynch
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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.
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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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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In business, competition is never as healthy as total domination.
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