Beating the Street
Develop a Winning Investment Strategy—with Expert Advice from “The Nation’s #1 Money Manager.” Peter Lynch’s “invest in what you know”...more
I enjoy Mr. Lynch's insight into what makes a good investment plan and have gathered some very useful information from this book. I will admit to having to maintain a constant "what CAN I get from this example?" approach to a majority of the book as it is a bit out-dated. Then again, *w...more
1 - Get you excited to invest in stocks
2 - Teach you to invest in what you know
3 - Teach you to invest regularly and avoid psychological pitfalls
If you look at it as analysis on companies, it makes no sense, as it was written in the early '90's and not only are his analysis no longer accurate, some of the companies don't even exist in the same form.
What you should look at is his methodology of gaining information and researching companies. His excitemen...more
Lynch makes a great case for investing your own savings in stocks (versus trusting it to a money manager or investing in fixed income assets). His basic thesis is that having a long-term orientation, sticking with safe, financially strong companies in good niches and av...more
Develop a Winning Investment Strategy -- with Expert Advice from "The Nation's #1 Money Manager"
Peter Lynch's "invest in what you know" strategy has made him a household name with investors both big and small.
An important key to investing, Lynch says, is to remember that stocks are not lottery tickets. There's a company behind every stock and a reason companies -- and their stocks -- perform the way they do. In this book, newly revised and updated for the paperback edition, Peter Lynch shows y...more
Don't try to predict the market; you will fail.
Wall Street is a herd; understanding this will make you a more intelligent investor.
Required reading for any investor. Also, probably the only investing book you will ever read that will make you giggle (Lynch is an unabashed economic nerd and damn do I wish he were my grandfather).
Lynch worked at Fidelity Investments where named head of the then obscure Magellan Fund which had $18 million in assets. By the time Lynch resigned as a fund manager in 1990, the fund...more