“What makes stocks valuable in the long run isn't the market. It's the profitability of the shares in the companies you own. As corporate profits increase, corporations become more valuable and sooner or later, their shares will sell for a higher price.”
Quote by Peter Lynch
Author
Peter Lynch
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. more
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