During his recent interview with CNBC, Peter Lynch explains why investors can still find stocks that have a good story today. Here’s an excerpt from the interview: Lynch: Well I think looking for something different. Literally something that’s a good story. I mean who would guess TJX, a local company. … Read More
Peter Lynch: Investors Should Never Ignore Entire Categories Of Companies
In his 1994 article titled – What do the great successes of the past 20 years tell us? It’s the company, stupid, Peter Lynch provides some great illustrations of what happens when investors ignore entire categories of companies. Here’s an excerpt from the article: Lynch: Investors who put on blinders … Read More
Peter Lynch: Invest In Small-Cap Stocks, If You Have The Stomach
In his book – Learn to Earn, Peter Lynch discusses why you should invest in small-cap stocks instead of large-cap. Here’s an excerpt from the book: Over time, it’s been more profitable to invest, in small companies than in large companies. The successful small companies of today will become the … Read More
Peter Lynch: The Next 10-Bagger Is Staring You In The Face
In his book – One Up On Wall Street, Peter Lynch discusses how 10-baggers are in plain sight, but for some reason investors like to invest in companies and industries they know little about. Here’s an excerpt from the book: Can’t think of any such opportunity in your own life? … Read More
Peter Lynch: Invest Over The Long-Term Like A ‘Dumb Mule’
In his book Learn to Earn, Peter Lynch recommends investing over the long term like a ‘dumb mule’ to achieve maximum results. Here’s an excerpt from the book: Twenty years or longer is the right time frame. That’s long enough for stocks to rebound from the nastiest corrections on record, … Read More
Peter Lynch: Far More Money Has Been Lost By Investors Trying To Time Corrections Than In All Corrections Combined
In his book – Learn to Earn, Peter Lynch discusses why more money has been lost by investors trying to time corrections than has been lost in all corrections combined. Here’s an excerpt from the book: It’s natural that we should try to take action to protect ourselves from bear … Read More
Peter Lynch: Buy When Things Go From Crappy To Semi-Crappy
At last week’s MIT Sloan Annual Investment Conference, Barry Ritholz had a opportunity to have a fireside chat with investing legend Peter Lynch. During the conversation Lynch spoke about when is the right time to buy. Here is a excerpt from that conversation: Lynch: “When things go from crappy to … Read More
Peter Lynch: If You Spend 13 Minutes A Year On Economics, You’ve Wasted 10 Minutes
Some years ago, Peter Lynch did a great interview with PBS in which he discussed a number of topics including his investing strategy, the success of Fidelity’s Magellan Fund, and his thoughts on the time spent on predictions and economics. Here’s an excerpt from that interview: Q: The beginning of … Read More
Peter Lynch: In Investing Your Stomach Is More Important Than Your Brain
In his interview with PBS, Peter Lynch provided a number of great insights into his successful investing approach including why your stomach is more important than your brain in investing. Here’s an excerpt from the interview: The market itself is very volatile. We’ve had 95 years completed this century. We’re … Read More
Peter Lynch: The Amateur Investors Inferiority Complex
Firstly a big H/T to The Dividend Growth Investor for sharing this awesome collection of articles written by Peter Lynch for Worth Magazine in the 1990’s. They’re a must read for all investors. There’s one article in particular which provides some great insights into how amateur investors suffer from an … Read More
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 … Read More
Peter Lynch: Lessons From An Investing Legend
Here’s a recent interview that Peter Lynch did at Fidelity in which he discusses a number of insightful investing lessons: When Peter Lynch began work at Fidelity 50 years ago, you could buy lunch for less than a dollar, you had to wait for the mail to read an annual … Read More
Peter Lynch: 13 Filters For Finding The Perfect Stock
One of our favorite investing books is – One Up On Wall Street by Peter Lynch – It’s an investment classic! In Chapter Eight, Lynch provides thirteen filters for finding the perfect stock saying: Getting the story on a company is a lot easier if you understand the basic business. That’s … Read More
Peter Lynch: 27 Timeless Investing Lessons
We’ve just been re-reading Peter Lynch’s classic book – One Up On Wall Street. In it, Lynch provides 27 timeless investing lessons. Here’s an excerpt from the book: Sometime in the next month, year, or three years, the market will decline sharply Market declines are great opportunities to buy stocks in … Read More
Peter Lynch: Even The Great Investors Need A Little Bit Of Luck
Here’s a great interview with value investing legend Peter Lynch in which he discusses how he made his first stock pick a 10-Bagger. This illustrates the point that all investors, even the great ones, need a little bit of luck, in terms of timing. Here’s an excerpt from that interview: … Read More
Peter Lynch Protege Joel Tillinghast: How To Avoid Value Traps
One of our favorite investing books here at The Acquirer’s Multiple is – Big Money Thinks Small, by Joel Tillinghast. Tillinghast is a protege of value investing legend Peter Lynch. In the Foreword of the book Lynch provides glowing praise for Tillinghast saying: “I have been an active stock picker for … Read More
Lynch & Munger – Becoming A Better Investor Requires Thinking Outside Of Investing
A lot of investors believe that the more you can learn about investing and investing techniques the better you will be as an investor. A typical value investor might spend time studying the fundamental assumptions and approaches to value investing, techniques for assessing fundamental value – balance sheet and earnings … Read More
Superinvestors Agree That Business Schools Don’t Make You A Better Investor
While a lot of investors believe that a good finance course at one of the world’s most prestigious business schools is a sure-fire way to becoming a better investor, it seems that some of the greatest investors disagree. Here’s what Buffett, Munger, Greenblatt, Pabrai, and Lynch have to say about … Read More
4 Of The Greatest Investing Lessons From Peter Lynch
One of my favorite Peter Lynch interviews is one he did with PBS. Lynch ran Fidelity’s Magellan Fund for thirteen years (1977-1990). In that period Lynch he averaged a 29.2% annual return, consistently more than doubling the S&P 500 market index and making it the best performing mutual fund in the … Read More
Peter Lynch – In Investing The Person That Turns Over The Most Rocks Wins The Game
One of my favorite all time investors is Peter Lynch. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than doubling the S&P 500 market index and making it the best performing mutual fund in the world. During his tenure, assets under management increased from $18 … Read More