Explore Quotes by Peter Lynch

I've always been a great lover of baseball.

In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.

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.

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.

If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.

Don't bottom fish.

But my system for over 30 years has been this: When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30.

So while I was in college I did a little study on the freight industry, the air freight industry. And I looked at this company called Flying Tiger. And I actually put a thousand dollars in it and I remember I thought this air cargo was going to be a thing of the future.

There's a company behind every stock and a reason companies - and their stocks - perform the way they do.

When even the analysts are bored, it's time to start buying.

An important key to investing is to remember that stocks are not lottery tickets.

Hold no more stocks than you can remain informed on.

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

I deal in facts, not forecasting the future. That's crystal ball stuff. That doesn't work.

Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested

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.

Never invest in anything that cannot be illustrated with a crayon

A stock market decline is as routine as a January blizzard in Colorado. If you're prepared, it can't hurt you. A decline is a great opportunity to pick up the bargains left behind by investors who are fleeing the storm in panic.

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.

Thousands of experts study overbought indicators, oversold indicators,_x000D_head-and-shoulder patterns, put-call ratios, the Fed's policy on money supply, foreign investment, the movement of the constellations through the heavens, and the moss on oak trees, and they can't predict markets with any useful consistency, any more than the gizzard squeezers could tell the Roman emperors when the Huns would attack.

When you sell in desperation, you always sell cheap.