Beating the Street Quotes

“stick with a steady and consistent performer”
― Peter Lynch, Beating the Street

“This is one of the keys to successful investing: focus on the companies, not on the stocks.”
― Peter Lynch, Beating the Street

“A technique that works repeatedly is to wait until the prevailing opinion about a certain industry is that things have gone from bad to worse, and then buy shares in the strongest companies in the group.”
― Peter Lynch, Beating the Street

“While catching up on the news is merely depressing to the citizen who has no stocks, it is a dangerous habit for the investor.”
― Peter Lynch, Beating the Street

“A decline in stocks is not a surprising event, it’s a recurring event—as normal as frigid air in Minnesota. If you live in a cold climate, you expect freezing temperatures, so when your outdoor thermometer drops below zero, you don’t think of this as the beginning of the next Ice Age. You put on your parka, throw salt on the walk, and remind yourself that by summertime it will be warm outside. A successful stockpicker has the same relationship with a drop in the market as a Minnesotan has with freezing weather. You know it’s coming, and you’re ready to ride it out, and when your favorite stocks go down with the rest, you jump at the chance to buy more.”
― Peter Lynch, Beating the Street

“I’m always on the lookout for great companies in lousy industries. A great industry that’s growing fast, such as computers or medical technology, attracts too much attention and too many competitors.”
― Peter Lynch, Beating the Street

“The best way to handle a situation in which you love the company but not the current price is to make a small commitment and then increase it in the next sell-off.”
― Peter Lynch, Beating the Street

“My diaries are full of such missed opportunities, but the stock market is merciful—it always gives the nincompoop a second chance.”
― Peter Lynch, Beating the Street

“One reason bonds are so popular is that elderly people have most of the money in this country, and elderly people tend to live off interest.”
― Peter Lynch, Beating the Street

“A successful stockpicker has the same relationship with a drop in the market as a Minnesotan has with freezing weather. You know it’s coming, and you’re ready to ride it out, and when your favorite stocks go down with the rest, you jump at the chance to buy more.”
― Peter Lynch, Beating the Street

“It’s best to divide your money among three or four types of stock funds (growth, value, emerging growth, etc.) so you’ll always have some money invested in the most profitable sector of the market.”
― Peter Lynch, Beating the Street

“In dieting and in stocks, it is the gut and not the head that determines the results.”
― Peter Lynch, Beating the Street

“The lesson here is: don’t spend a lot of time poring over the past performance charts. That’s not to say you shouldn’t pick a fund with a good long-term record. But it’s better to stick with a steady and consistent performer than to move in and out of funds, trying to catch the waves. Another major issue is what happens to a”
― Peter Lynch, Beating the Street