Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
- Peter Lynch - Topics: Stock Market, Investing.
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
- Peter Lynch - Topics: Stock Market.
There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.
- Peter Lynch - Topics: Investing, Money Management, Stock Market.
Owning stocks is like having children. Don't get involved with more than you can handle.
If you don't study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
- Peter Lynch - Topics: Investing, Stock Market.
Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
- Peter Lynch - Topics: Wall Street, Stock Market, Investing.
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 - Topics: Trader, Stock Market, Investing.