“Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three years, you might as well flip a coin to decide.”
Quote by Peter Lynch
Work
One Up On Wall Street: How To Use What You Already Know To Make Money In
This book offers insights into investment strategies that leverage everyday knowledge to achieve financial success in the stock market. more
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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“You should not buy a stock because it's cheap but because you know a lot about it.”
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