Beating the Street

by Peter Lynch

Never invest in any idea you can’t illustrate with a crayon.

Buying stocks in utility companies is good because it gives you a higher dividend, but you’ll make money in growth stocks.

You should not buy a stock because it’s cheap but because you know a lot about it.

The best stock to buy may be the one you already own.

In business, competition is never as healthy as total domination.

All else being equal, invest in the company with the fewest color photographs in the annual report.