233 Quotes by Peter Lynch

The secret of his success is that he never went to business school. Imagina all the lessons he never had to unlearn.

It isn’t the head but the stomach that determines the fate of the stockpicker.

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

Never invest in any idea you can’t illustrate with a crayon.

The old Wall Street adage “never invest in anything that eats or needs repairs” may apply to racehorses, but it’s malarkey when it comes to houses.

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

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.

Searching for companies is like looking for grubs under rocks: if you turn over 10 rocks you’ll likely find one grub; if you turn over 20 rocks you’ll find two.

I’ve found that when the market’s going down and you buy funds wisely, at some point in the future you will be happy. You won’t get there by reading ‘Now is the time to buy.’