Imagine if you borrowed your parents' car without permission and ran it into a tree, how much better you'd feel if you… — Peter Lynch Copy Share Image
“Investing without research is like playing stud poker and never looking at the cards. For some reason the whole business” — Peter Lynch Copy Share Image
Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets. — Peter Lynch Copy Share Image
I'm always fully invested. It's a great feeling to be caught with your pants up. — Peter Lynch Copy Share Image
If you can't find any companies that you think are attractive, put your money in the bank until you discover some. — Peter Lynch Copy Share Image
Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research. — Peter Lynch Copy Share Image
Investing is fun and exciting, but dangerous if you don't do any work. — Peter Lynch Copy Share Image
Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage. — Peter Lynch Copy Share Image
My high-tech aversion caused me to make fun of the typical biotech enterprise: $100 million in cash from selling shares, one hundred… — Peter Lynch Copy Share Image
Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your… — Peter Lynch Copy Share Image
I talk to hundreds of companies a year and spend hour after hour in heady pow-wows with CEOs, financial analysts and my… — Peter Lynch Copy Share Image
Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections… — Peter Lynch Copy Share Image
Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on… — Peter Lynch Copy Share Image
The most important organ in the body as far as the stock market is concerned is the guts, not the head. Anyone… — Peter Lynch Copy Share Image
I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks… — Peter Lynch Copy Share Image
If you're lucky enough to have been rewarded in life to the degree that I have, there comes a point at which… — Peter Lynch Copy Share Image
There's no use diversifying into unknown companies just for the sake of diversity. A foolish diversity is the hobgoblin of small investors.… — Peter Lynch Copy Share Image
The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility,… — Peter Lynch Copy Share Image
Bargains are the holy grail of the true stockpicker. The fact that 10 to 30 percent of our net worth is lost… — Peter Lynch Copy Share Image
Thousands of experts study overbought indicators, oversold indicators, head-and-shoulder patterns, put-call ratios, the Fed's policy on money supply, foreign investment, the movement… — Peter Lynch Copy Share Image
A price drop in a good stock is only a tragedy if you sell at that price and never buy more. To… — Peter Lynch Copy Share Image
If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings. I subscribe… — Peter Lynch Copy Share Image
Logic is the subject that has helped me most in picking stocks, if only because it taught me to identify the peculiar… — Peter Lynch Copy Share Image
Often, there is no correlation between the success of a company's operations and the success of its stock over a few months… — Peter Lynch Copy Share Image
In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had… — Peter Lynch Copy Share Image
“The old Wall Street adage "never invest in anything that eats or needs repairs" may apply to racehorses, but it's malarkey when it comes… — Peter Lynch Copy Share
I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up.… — Peter Lynch Copy Share
If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader… — Peter Lynch Copy Share
“In other words, I continue to think like an amateur as frequently as possible. GOING IT ALONE” — Peter Lynch Copy Share
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… — Peter Lynch Copy Share
A lot of people got in at the wrong time. A lot of people did very well and some people said, "This is it.… — Peter Lynch Copy Share
All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from… — Peter Lynch Copy Share
Owning stocks is like having children - don't get involved with more than you can handle. — Peter Lynch Copy Share
Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor. — Peter Lynch Copy Share
It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them. — Peter Lynch Copy Share