Peter Lynch

Time is on your side when you own shares of superior companies.

Peter Lynch

Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.

Peter Lynch

Visiting stores and testing products is one of the critical elements of the analyst’s job.

Peter Lynch

Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of ’em go up big time, you produce a fabulous result. And I think that’s the promise to some people.

Peter Lynch

What makes stocks valuable in the long run isn’t the market. It’s the profitability of the shares in the companies you own. As corporate profits increase, corporations become more valuable and sooner or later, their shares will sell for a higher price.

Peter Lynch

When looking at the same sky, people in mature industries see clouds where people in immature industries see pie.

Peter Lynch

When people discover they are no good at baseball or hockey, they put away their bats and their skates and they take up amateur golf or stamp collecting or gardening. But when people discover they are no good at picking stocks, they are likely to continue to do it anyway.

Peter Lynch

Whenever you invest in any company, you’re looking for its market cap to rise. This can’t happen unless buyers are paying higher prices for the shares, making your investment more valuable.

Peter Lynch

You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.

Peter Lynch

You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.

Peter Lynch