Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business. Peter Lynch More Quotes by Peter Lynch More Quotes From Peter Lynch 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 investing reading happiness Avoid hot stocks in hot industries. Peter Lynch industry hot 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 investing cds today The S&P is up 343.8 percent for 10 years. That is a four-bagger. The general equity funds are up 283 percent. So it's getting worse, the deterioration by professionals is getting worse. The public would be better off in an index fund. Peter Lynch deterioration would-be years Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage. Peter Lynch investing people art In stocks as in romance, ease of divorce is not a sound basis for commitment. Peter Lynch divorce romance commitment Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor. Peter Lynch investing cracks long Owning stocks is like having children - don't get involved with more than you can handle. Peter Lynch get-involved investing children 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 investing rocks two It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them. Peter Lynch investing exit would-be The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders. Peter Lynch rewards extravagance office I'm always fully invested. It's a great feeling to be caught with your pants up. Peter Lynch investing pants feelings 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 investing numbers people Invest in businesses any idiot could run, because someday one will. Peter Lynch someday idiot running It isn't the head but the stomach that determines the fate of the stockpicker. Peter Lynch stomach fate determine Gentlemen who prefer bonds don't know what they're missing. Peter Lynch investing gentleman missing As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics. Peter Lynch preparation philosophy looks Behind every stock is a company. Find out what it's doing. Peter Lynch investing company intelligent Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research. Peter Lynch wall winning average There's a company behind every stock and a reason companies - and their stocks - perform the way they do. Peter Lynch company reason way
