Peter Lynch Quotations

Viewing quotes 22 to 39 (39 total)

Just because the price goes up doesn't mean you're right. Just because it goes down doesn't mean you're wrong. Stock prices often move in opposite directions from the fundamentals but long term the direction and sustainability of profits will prevail.
	- Peter Lynch	more quotations on [Investing]

Never invest in any idea you can't illustrate with a crayon.
	- Peter Lynch	more quotations on [Investing]

Some people automatically sell the 'winners' - stocks that go up - and hold on to their 'losers' - stocks that go down - which is about as sensible as pulling out the flowers and watering the weeds. Others automatically sell their losers and hold on to their winners, which doesn't work out much better. Both strategies fail because they're tied to the current movement of the stock price as an indicator of the company's fundamental value.
	- Peter Lynch	more quotations on [Investing]

The key to making money in stocks is not to get scared out of them.
	- Peter Lynch	more quotations on [Investing]

The list of qualities [an investor ought to 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	more quotations on [Investing]

There seems to be an unwritten rule on Wall Street: If you don't understand it, put your life savings into it. Shun the enterprise round the corner, which can at least be observed, and seek out one that manufactures an incomprehensible product.
	- Peter Lynch	more quotations on [Investing]

To me, an investment is simply a gamble in which you've managed to tilt the odds in your favour.
	- Peter Lynch	more quotations on [Investing]

Twenty years in this business convinces me that any normal person using the customary three per cent of the brain can pick stocks as well as, if not better, than the average Wall Street expert.
	- Peter Lynch	more quotations on [Investing]

Warren Buffett thinks that stock futures and options ought to be outlawed, and I agree with him.
	- Peter Lynch	more quotations on [Investing]

Warren Buffett, the greatest investor of them all, looks for the same opportunities I do, except that when he finds them, he buys the whole company.
	- Peter Lynch	more quotations on [Investing]

When it comes to predicting the market, the important skill is not listening, but snoring. The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn't changed.
	- Peter Lynch	more quotations on [Investing]

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	more quotations on [Investing]

When ten people would rather talk to a dentist about plaque than to the manager of an equity mutual fund about stocks, it's likely that the market is about to turn up. When the neighbours tell me what to buy and then I wish I had taken their advice, it's a sure sign that the market has reached a top and is due for a tumble.
	- Peter Lynch	more quotations on [Investing]

When you buy a stock for its book value, you have to have a detailed understanding of what those values really are. At Penn Central, tunnels through mountains and useless rail cars counted as assets.
	- Peter Lynch	more quotations on [Investing]

Whoever imagines that the average Wall Street professional is looking for reasons to buy exciting stocks hasn't spent much time on Wall Street. The fund manager most likely is looking for reasons not to buy exciting stocks, so that he can offer the proper excuses if those exciting stocks go up.
	- Peter Lynch	more quotations on [Investing]

You don't have to invest like an institution. If you invest like an institution, you're doomed to perform like one, which in many cases isn't very well.
	- Peter Lynch	more quotations on [Investing]

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	more quotations on [Investing]

When even the analysts are bored, it's time to start buying.
	- Peter Lynch	more quotations on [Investing]

Viewing quotes 22 to 39 (39 total)

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