I like to buy a company any fool can manage because eventually one will. Peter Lynch More Quotes by Peter Lynch More Quotes From Peter Lynch I've always said, the key organ here isn't the brain, it's the stomach. When things start to decline - there are bad headlines in the papers and on television - will you have the stomach for the market volatility and the broad-based pessimism that tends to come with it? Peter Lynch learning keys history I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.' Peter Lynch more-time office wish You have to let the big ones make up for your mistakes. Peter Lynch bigs mistake It only takes a handful of big winners to make a lifetime of investing worthwhile. Peter Lynch winner investing lifetime An important key to investing is to remember that stocks are not lottery tickets. Peter Lynch investing important keys Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies. Peter Lynch keys successful years I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. Peter Lynch investing real thinking If you can't find any companies that you think are attractive, put your money in the bank until you discover some. Peter Lynch attractive investing thinking Time is on your side when you own shares of superior companies. Peter Lynch investing your-side sides Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it. Peter Lynch intelligent business running The best stock to buy is the one you already own. Peter Lynch investing 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 intelligent running long Logic is the subject that has helped me most in picking stocks, if only because it taught me to identify the peculiar illogic of Wall Street. Actually Wall Street thinks just as the Greeks did. The early Greeks used to sit around for days and debate how many teeth a horse has. They thought they could figure it out just by sitting there, instead of checking the horse. A lot of investors sit around and debate whether a stock is going up, as if the financial muse will give them the answer, instead of checking the company. Peter Lynch horse wall thinking If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes Peter Lynch analyzing risk management You have to keep your priorities straight if you plan to do well in stocks. Peter Lynch investing priorities plans Never invest in any idea you can't illustrate with a crayon Peter Lynch investing saving ideas All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out. Peter Lynch work-out successful needs 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 money intelligent inspirational Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed. Peter Lynch worry long world If you can find a company that can get away with raising prices year after year without losing customers (an addictive product such as cigarettes fills the bill), you've got a terrific investment. Peter Lynch bills losing years
