Peter Lynch (born January 19, 1944) is a renowned American investor, mutual fund manager, and author. He managed the Fidelity Magellan Fund from 1977 to 1990, growing its assets from $18 million to $14 billion, achieving an average annual return of 29.2%, making it one of the best-performing stock funds globally. Lynch is famous for his philosophy of 'invest in what you know,' encouraging individual investors to find winning stocks through everyday observations. He authored bestsellers like 'One Up on Wall Street' and 'Beating the Street,' leaving a lasting legacy in finance.
Related Quotes
Source: One Up On Wall Street: How To Use What You Already Know To Make Money In
Source: One Up On Wall Street: How To Use What You Already Know To Make Money In
“Avoid hot stocks in hot industries.”
Source: Beating the Street
“I spend about fifteen minutes a year on economic analysis.”
Source: One Up On Wall Street: How To Use What You Already Know To Make Money In
“There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.”
“The more cash that builds up in the treasury, the greater the pressure to piss it away.”
Source: One Up On Wall Street: How To Use What You Already Know To Make Money In
“Stocks are a safe bet, but only if you stay invested long enough to ride out the corrections.”
“It only takes a handful of big winners to make a lifetime of investing worthwhile.”
Source: Beating the Street
“Long shots almost always miss the mark.”
Source: Beating the Street
“Investing is fun and exciting, but dangerous if you don't do any work.”
Source: One Up On Wall Street: How To Use What You Already Know To Make Money In
“I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'”
“It isn't the head but the stomach that determines the fate of the stockpicker.”
Source: Beating the Street
Source: Beating the Street
Source: Beating the Street
Source: Beating the Street
“Invest in businesses any idiot could run, because someday one will.”
“The real key to making money in stocks is not to get scared out of them.”
Source: Beating the Street
“Never invest in any idea you can't illustrate with a crayon”
Source: Beating the Street
Source: One Up On Wall Street: How To Use What You Already Know To Make Money In
Source: Beating the Street
Source: Beating the Street
“Behind every stock is a company. Find out what it's doing.”
Source: Beating the Street
Source: One Up On Wall Street: How To Use What You Already Know To Make Money In
Source: Learn to Earn: A Beginner's Guide to the Basics of Investing and
“The person that turns over the most rocks wins the game. And that's always been my philosophy.”
“In stocks as in romance, ease of divorce is not a sound basis for commitment.”
Source: Beating the Street
Source: Beating the Street
“In business, competition is never as healthy as total domination.”
Source: Beating the Street