One Up On Wall Street: How To Use What You Already Know To Make Money In

by Peter Lynch

(8) IT’S A NO-GROWTH INDUSTRY Many people prefer to invest in a high-growth industry, where there’s a lot of sound and fury. Not me. I prefer to invest in a low-growth industry like plastic knives and forks, but only if I can’t find a no-growth industry like funerals. That’s where the biggest winners are developed.