Peter Lynch

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Improved turnout will give parliament and government the appearance of being more legitimate.
- Peter Lynch
Collection: Government
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The real key to making money in stocks is not to get scared out of them.
- Peter Lynch
Collection: Money
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Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
- Peter Lynch
Collection: Business
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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
Collection: Future
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Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.
- Peter Lynch
Collection: Business
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I don't go near the money and the money doesn't go near me.
- Peter Lynch
Collection: Money
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So while I was in college I did a little study on the freight industry, the air freight industry. And I looked at this company called Flying Tiger. And I actually put a thousand dollars in it and I remember I thought this air cargo was going to be a thing of the future.
- Peter Lynch
Collection: Future
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The person that turns over the most rocks wins the game. And that's always been my philosophy.
- Peter Lynch
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You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
- Peter Lynch
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When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
- Peter Lynch
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Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
- Peter Lynch
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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
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If all the economists in the world were laid end to end, it wouldn't be a bad thing.
- Peter Lynch
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Don't bottom fish.
- Peter Lynch
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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.
- Peter Lynch
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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.
- Peter Lynch
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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.
- Peter Lynch
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I've always been a great lover of baseball.
- Peter Lynch
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It's human nature to keep doing something as long as it's pleasurable and you can succeed at it - which is why the world population continues to double every 40 years.
- 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.
- Peter Lynch
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In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.
- Peter Lynch
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But my system for over 30 years has been this: When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30.
- Peter Lynch
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Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.
- Peter Lynch
Collection: Trying
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You should not buy a stock because it's cheap but because you know a lot about it.
- Peter Lynch
Collection: Should
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Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.
- Peter Lynch
Collection: Loss
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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
Collection: Long
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Know what you own, and know why you own it.
- Peter Lynch
Collection: Money
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Everyone has the brain power to make money in stocks. Not everyone has the stomach.
- Peter Lynch
Collection: Investing Money
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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
Collection: Running
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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
Collection: Pain
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All the math you need in the stock market you get in the fourth grade.
- Peter Lynch
Collection: Math
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When you sell in desperation, you always sell cheap.
- Peter Lynch
Collection: Desperation
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I deal in facts, not forecasting the future. That's crystal ball stuff. That doesn't work.
- Peter Lynch
Collection: Balls
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Investing is fun and exciting, but dangerous if you don't do any work.
- Peter Lynch
Collection: Fun
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If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
- Peter Lynch
Collection: Risk
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A price drop in a good stock is only a tragedy if you sell at that price and never buy more. To me, a price drop is an opportunity to load up on bargains from among your worst performers and your laggards that show promise. If you can't convince yourself "When I'm down 25 percent, I'm a buyer" and banish forever the fatal thought "When I'm down 25 percent, I'm a seller," then you'll never make a decent profit in stocks.
- Peter Lynch
Collection: Opportunity
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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
Collection: Wall
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Time is on your side when you own shares of superior companies.
- Peter Lynch
Collection: Your Side
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Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested
- Peter Lynch
Collection: Economy
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If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
- Peter Lynch
Collection: Thinking
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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
Collection: Successful
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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
Collection: Mean
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It only takes a handful of big winners to make a lifetime of investing worthwhile.
- Peter Lynch
Collection: Investing
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Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.
- Peter Lynch
Collection: Mean
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I like to buy a company any fool can manage because eventually one will.
- Peter Lynch
Collection: Fool
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Imagine if you borrowed your parents' car without permission and ran it into a tree, how much better you'd feel if you were incorporated.
- Peter Lynch
Collection: Car
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A lot of people got in at the wrong time. A lot of people did very well and some people said, "This is it. I'll never get back in again." And they maybe meant it, but they probably got back in again anyway.
- Peter Lynch
Collection: People
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That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.
- Peter Lynch
Collection: Worry
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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.
- Peter Lynch
Collection: Simple