Explore Quotes by Peter Lynch

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

If all the economists in the world were laid end to end, it wouldn't be a bad thing.

Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.

All the math you need in the stock market you get in the fourth grade.

The simpler it is, the better I like it.

The junior high schools and high schools of America have forgotten to teach one of the most important courses of all. Investing.

The natural-born investor is a myth.

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.

If a picture is worth a thousand words, in business, so is a number.

Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor.

Visiting stores and testing products is one of the critical elements of the analyst's job.

Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage.

In our society, it's been the men who've handled most of the finances, and the women who've stood by and watched men botch things up.

Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.

Imagine if you borrowed your parents' car without permission and ran it into a tree, how much better you'd feel if you were incorporated.

You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.

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.

I talk to hundreds of companies a year and spend hour after hour in heady pow-wows with CEOs, financial analysts and my colleagues in the mutual-fund business, but I stumble onto the big winners in extracurricular situations, the same way you do.

That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.

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.

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.