In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. Peter Lynch More Quotes by Peter Lynch More Quotes From Peter Lynch I deal in facts, not forecasting the future. That's crystal ball stuff. That doesn't work. Peter Lynch crystals balls stuff 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 after-hours investing years My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made. Peter Lynch method never-change made You should not buy a stock because it's cheap but because you know a lot about it. Peter Lynch should knows Your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand. Peter Lynch wall use experts Bargains are the holy grail of the true stockpicker. The fact that 10 to 30 percent of our net worth is lost in a market sell-off is of little consequence. We see the latest correction not as a disaster but as an opportunity to acquire more shares at low prices. This is how great fortunes are made over time. Peter Lynch holy-grail opportunity littles In business, competition is never as healthy as total domination. Peter Lynch investing competition healthy There are substantial rewards for adopting a regular routine of investing and following it no matter what, and additional rewards for buying more shares when most investors are scared into selling. Peter Lynch investing routine rewards When you sell in desperation, you always sell cheap. Peter Lynch desperation sells Thousands of experts study overbought indicators, oversold indicators, Peter Lynch consistency tree heaven 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. Peter Lynch investing buying ignorance If all the economists in the world were laid end to end, it wouldn't be a bad thing. Peter Lynch economist ends world Invest in what you know. Peter Lynch knows If you're lucky enough to have been rewarded in life to the degree that I have, there comes a point at which you have to decide whether to become a slave to your net worth by devoting the rest of your life to increasing it or to let what you've accumulated begin to serve you. Peter Lynch investing degrees lucky 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 minnesota zero fall 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 mutual-fund stomach homework Stocks are a safe bet, but only if you stay invested long enough to ride out the corrections. Peter Lynch investing safe long All the math you need in the stock market you get in the fourth grade. Peter Lynch investing math needs Most investors would be better off in an index fund. Peter Lynch active-management investing would-be 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
