Peter Lynch

People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game.

Peter Lynch

Spend at least as much time researching a stock as you would choosing a refrigerator.

Peter Lynch

The basic story remains simple and never-ending. Stocks aren’t lottery tickets. There’s a company attached to every share.

Peter Lynch

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

Peter Lynch

The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.

Peter Lynch

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

Peter Lynch

The real key to making money in stocks is not to get scared out of them.

Peter Lynch

The stock market really isn’t a gamble, as long as you pick good companies that you think will do well, and not just because of the stock price.

Peter Lynch

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.

Peter Lynch

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