233 Quotes by Peter Lynch

There seems to be an unwritten rule on Wall Street: If you don't understand it, then put your life savings into it. Shun the enterprise around the corner, which can at least be observed, and seek out the one that manufactures an incomprehensible product.

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

If you can't find any companies that you think are attractive, put your money in the bank until you discover some.

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.

Gentlemen who prefer bonds don't know what they're missing.

If you can find a company that can get away with raising prices year after year without losing customers (an addictive product such as cigarettes fills the bill), you've got a terrific investment.

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

More money is lost anticipating the changes in the overall stock market than any other way of investing.

If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored.