Quote

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

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
Good
Lifetime
Times
Money
Need
Fold
Many
Stocks
Mean
Folds
Needs
Stock
Make
Ten

More quotes by Peter Lynch

Image
I talk to hundreds of companies a year and spend hour after hour in heady pow-wows with CEOs, financial analysts and my colleagues in the mutual-fund business, but I stumble onto the big winners in extracurricular situations, the same way you do.
Peter Lynch
Image
Everyone has the brain power to make money in stocks. Not everyone has the stomach.
Peter Lynch
Image
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.
Peter Lynch
Image
I've always been a great lover of baseball.
Peter Lynch
Image
If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.
Peter Lynch
Image
My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.
Peter Lynch
Image
The real key to making money in stocks is not to get scared out of them.
Peter Lynch
Image
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
Peter Lynch
Image
In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.
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
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
Image
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.
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
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.
Peter Lynch
Image
Spend at least as much time researching a stock as you would choosing a refrigerator.
Peter Lynch
Image
An important key to investing is to remember that stocks are not lottery tickets.
Peter Lynch
Image
Charts are great for predicting the past.
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
Most investors would be better off in an index fund.
Peter Lynch
Image
Avoid hot stocks in hot industries.
Peter Lynch