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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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Peter Lynch
Age: 80
Born: 1944
Born: January 19
Businessman
Financier
Investor
the United States of America
Many
Stocks
Mean
Folds
Needs
Stock
Make
Ten
Good
Lifetime
Times
Money
Need
Fold

More quotes by Peter Lynch

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If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.
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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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An important key to investing is to remember that stocks are not lottery tickets.
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It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
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Charts are great for predicting the past.
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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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The typical big winner in the Lynch portfolio generally takes three to ten years to play out.
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If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.
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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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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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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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In business, competition is never as healthy as total domination.
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The best stock to buy is the one you already own.
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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.
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You can't see the future through a rearview mirror
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There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.
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Invest in businesses any idiot could run, because someday one will.
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Everyone has the brain power to make money in stocks. Not everyone has the stomach.
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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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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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