Quotessence
Home / Quotes / Quote by Peter Lynch

Quote by Peter Lynch

“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.”

Quote by Peter Lynch

Author

Peter Lynch
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

You May Also Like

“I think there are plenty of good people in America, but there are also plenty of bad people in America and the bad ones are the ones who seem to have all the power and be in these positions to block things that you and I need.”