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In this business if you're good, you're right six times…

“In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.” quote by Peter Lynch
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“In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.”

Peter Lynch

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Success in business depends on making many good decisions, but perfection is unattainable; you will inevitably make mistakes.

In simple terms: You can be right most of the time but not always.

Key Takeaway

Accept imperfect outcomes and keep improving.

Themes

business decisionmaking risk probability

Mood

pragmatic realistic

Type

advice analytical

When to use this quote

  • investment decisions
  • product launches
  • strategic planning
  • sales forecasting

Key Concepts

statistics expected value uncertainty

Questions to Reflect On

  • How do you measure the cost of a wrong decision?
  • What processes reduce repeat mistakes?
A Different Perspective

Assumes all decisions are comparable; some errors have larger impacts.

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