Quote

My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.

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
Picking
Businesses
Method
Changed
Money
Made
Never
Crappy
Stocks

More quotes by Peter Lynch

Image
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
Image
More money is lost anticipating the changes in the overall stock market than any other way of investing.
Peter Lynch
Image
All the math you need in the stock market you get in the fourth grade.
Peter Lynch
Image
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
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
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
Image
There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.
Peter Lynch
Image
Improved turnout will give parliament and government the appearance of being more legitimate.
Peter Lynch
Image
The best stock to buy is the one you already own.
Peter Lynch
Image
In stocks as in romance, ease of divorce is not a sound basis for commitment.
Peter Lynch
Image
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.
Peter Lynch
Image
If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
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
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
Image
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
Peter Lynch
Image
Behind every stock is a company. Find out what it's doing.
Peter Lynch
Image
You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
Peter Lynch
Image
If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
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
That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.
Peter Lynch