Never invest in any idea you can't illustrate with a crayon
Peter LynchRead
You shouldn't just pick a stock - you should do your homework.
Interpretation
What this quote means
Thorough research is essential before making investment decisions.
This quote emphasizes the importance of conducting proper analysis and due diligence when selecting stocks for investment. It suggests that investing should not be a casual decision, but rather a well-informed action based on comprehensive knowledge of the companies and the market.
Themes
InvestingResearchStocksHomeworkFinance
In practice
Example use cases
This quote is perfect for a seminar on investing where the importance of research will be discussed.
More from Peter Lynch
All quotes βThe basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
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The junior high schools and high schools of America have forgotten to teach one of the most important courses of all. Investing.
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All the math you need in the stock market you get in the fourth grade.
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You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
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Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.
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