Peter Lynch: How To Deal With A Falling Stock

Here’s a great short video with legendary investor Peter Lynch providing some great insights into how to deal with a falling stock price. Here’s an excerpt from the presentation:

Lynch: This is the problem that people have is they sell stocks because they didn’t know why they bought it. Then it went down and they don’t know what to do now. Do you flip a coin? Do you walk around the block? You know what do you do? … I’ve tried prayer, that hasn’t worked so, if you don’t understand the company this is the problem when they go down.