Peter Lynch

When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increasing salaries becomes a first priority.

Peter Lynch

When you sell in desperation, you always sell cheap.

Peter Lynch

You should not buy a stock because it’s cheap but because you know a lot about it.

Peter Lynch

You shouldn’t just pick a stock – you should do your homework.

Peter Lynch

Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.

Peter Lynch

A person who owns property and has a stake in the enterprise is likely to work harder and feel happier and do a better job than a person who doesnt.

Peter Lynch

Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they’re going to be higher or lower in two to three years, you might as well flip a coin to decide.

Peter Lynch

Actually Wall Street thinks just as the Greeks did. The early Greeks used to sit around for days and debate how many teeth a horse has. They thought they could figure it out by just sitting there, instead of checking the horse.

Peter Lynch

All the time and effort people devote to picking the right fund, the hot hand, the great manager have, in most cases, led to no advantage.

Peter Lynch

As I look back on it now, it’s obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.

Peter Lynch