"Beating the Street" Quotes
By Peter Lynch
finance | 332 pages | Published in NaN
Quotes
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
The real key to making money in stocks is not to get scared out of them.
The stock market is filled with individuals who know the price of everything, but the value of nothing.
The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.
Know what you own, and know why you own it.
The person that turns over the most rocks wins the game. And that’s always been my philosophy.
The simpler it is, the better I like it.
If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.
Investing without research is like playing stud poker and never looking at the cards.
I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy'