Peter Lynch Quotes

Who is Peter Lynch?

American investor at Magellan and philanthropist Peter Lynch is known for his books on investing, especially 'One Up on Wall Street' and 'Beating the Street'.

Born January 19, 1944

Books by Peter Lynch


Best 70 Quotes by Peter Lynch | Page 1 of 3

“A correction is a euphemism for losing a lot of money rapidly.”

Peter Lynch

“All the math you need in the stock market you get in the fourth grade.”

Peter Lynch

“Charts are great for predicting the past.”

Peter Lynch

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”

Peter Lynch

“Go for a business that any idiot can run - because sooner or later, an idiot probably is going to run it.”

Peter Lynch

“I can't recall ever once having seen the name of a market timer on Forbes' annual list of the richest people in the world. If it were truly possible to predict corrections, you'd think somebody would have made billions by doing it.”

Peter Lynch

“I deal in facts, not forecasting the future. That's crystal ball stuff. That doesn't work.”

Peter Lynch

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“I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'”

Peter Lynch

“If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.”

Peter Lynch

“If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes.”

Peter Lynch

“In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.”

Peter Lynch

“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

“Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.”

Peter Lynch

“Know what you own, and know why you own it.”

Peter Lynch

Products by Peter Lynch

“Most investors would be better off in an index fund.”

Peter Lynch

“My method for picking stocks has never changed. When businesses go from crappy to semi crappy, there's money to be made.”

Peter Lynch

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“We think the most important criteria for selecting an investment firm are the manager, team, and track record.”


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“No one has ever gone bankrupt without any debt.”

Peter Lynch

“Sell a stock because the company's fundamentals deteriorate, not because the sky is falling.”

Peter Lynch

“Spend at least as much time researching a stock as you would choosing a refrigerator. You shouldn't just pick a stock - you should do your homework.”

Peter Lynch

“Stocks are a safe bet, but only if you stay invested long enough to ride out the corrections.”

Peter Lynch

“The average movement of a stock in the New York Exchange this century between its high and its low has been 50 percent.”

Peter Lynch

“The best stock to buy is the one you already own.”

Peter Lynch

“The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.”

Peter Lynch

“The list of qualities an investor should have include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic.”

Peter Lynch

“The only way to lose money is to buy a stock, have it go down and sell it. That's the only way.”

Peter Lynch

“The person that turns over the most rocks wins the game. And that's always been my philosophy.”

Peter Lynch

“The stock doesn't know you own it.”

Peter Lynch

“There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.”

Peter Lynch

Products by Peter Lynch

“There's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.”

Peter Lynch

“Visiting stores and testing products is one of the critical elements of the analyst's job.”

Peter Lynch

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“Michael Jordan didn’t become a great basketball player because he wanted to do product endorsements. Van Gogh didn’t become a great painter because he dreamed that one day his paintings would sell for $50 million.”

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