Addict Quote by Peter Lynch
“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.”
About This Quote
Source Book: One Up On Wall Street by Peter Lynch, 1989
Short‑term trading is stigmatized while long‑term investing is praised, despite both being forms of speculation.
In simple terms: Long‑term investing is socially accepted, short‑term is not.
Beware bias in labeling investment styles.
Themes
Mood
Type
When to use this quote
- portfolio management
- risk assessment
- investment education
Key Concepts
Questions to Reflect On
- Do you judge investors by horizon?
- How does stigma affect your choices?
Short‑term strategies can be profitable and disciplined.