Peter Lynch Quotes on Stocks
1. In stocks – as in romance – ease of divorce is not a sound basis for commitment.
2. The key to making money in stocks is not to get scared out of them.
3. 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.
4. Behind every stock is a company. Find out what it's doing.
5. Owning stocks is like having children -- don't get involved with more than you can handle.
6. If you don't study any companies, you have the same success buying stocks as you do
in a poker game if you bet without looking at your cards.
7. Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street
professionals by doing just a little research.
8. You have to keep your priorities straight if you plan to do well in stocks.
9. The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
10. People who want to know how stocks fared on any given day ask, "Where did the Dow close?" I'm more interested
in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.
11. 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.
12. If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks.
Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.
13. Investing in stocks is an art, not a science, and people who’ve been trained to rigidly quantify everything have a big disadvantage.
14. All the math you need in the stock market you get in the fourth grade
1. In stocks – as in romance – ease of divorce is not a sound basis for commitment.
2. The key to making money in stocks is not to get scared out of them.
3. 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.
4. Behind every stock is a company. Find out what it's doing.
5. Owning stocks is like having children -- don't get involved with more than you can handle.
6. If you don't study any companies, you have the same success buying stocks as you do
in a poker game if you bet without looking at your cards.
7. Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street
professionals by doing just a little research.
8. You have to keep your priorities straight if you plan to do well in stocks.
9. The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
10. People who want to know how stocks fared on any given day ask, "Where did the Dow close?" I'm more interested
in how many stocks went up versus how many went down. These so-called advance/decline numbers paint a more realistic picture.
11. 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.
12. If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks.
Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.
13. Investing in stocks is an art, not a science, and people who’ve been trained to rigidly quantify everything have a big disadvantage.
14. All the math you need in the stock market you get in the fourth grade
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1