Born on 19 January 1944 in Newton, Massachusetts, U.S., Peter Lynch is one of the most well-known investors who managed to realize annual returns of 29.2% as head at Fidelity Magellan between 1977 to 1990.
When he took over, Fidelity Magellan only had $20 million in assets, by 1990, the company grew to over $14 billion. Peter Lynch and his team managed to outperform the S&P 500 index almost every year. His success allows him to retire at a young age of 47.
Credited for his invention of the price-to-earnings-growth (PEG) ratio, Peter Lynch has helped many investors determine a stock growth potential by using the valuation methods.
Peter Lynch is also an astonishing Philanthropist. In 2005, the Lynch Foundation was built to support research in education, religious organizations, hospitals and medicine, and various cultural and historical organizations.
- Where Does Peter Lynch Keep His Money? – Investopedia
- 9 Investing Tips From Peter Lynch That You Shouldn’t Ignore – The Motley Fool
- 10 Peter Lynch-Inspired Growth At A Reasonable Price Stocks – Forbes
- Lessons from an investing legend – Fidelity
Below are the best Peter Lynch quotes so you can be inspired to do your homework, invest in the long term, and not allow the volatility of the market to cloud your vision.
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Top 13 Most Famous Peter Lynch Quotes on Economy & Investing
It takes remarkable patience to hold on to a stock in a company that excites you, but which everybody else seems to ignore. You begin to think everybody else is right and you are wrong. But where the fundamentals are promising, patience is often rewarded.”Peter Lynch
67 Best Peter Lynch Quotes to Help You Become Wiser in Stock Investing
If you’re prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won’t get bored.”Peter Lynch
If you can follow only one bit of data, follow the earnings—assuming the company in question has earnings. As you’ll see in this text, I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.”Peter Lynch
Good management, a strong balance sheet, and a sensible plan of action will overcome many obstacles, but when you’ve got weak management, a weak balance sheet, and a misguided plan of action, the greatest industry in the world won’t bail you out.”Peter Lynch
The way you lose money in the stock market is to start off with an economic picture. I also spend fifteen minutes a year on where the stock market is going. All these great, heady, thinking deals kill you.”Peter Lynch
In the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won’t outperform the money left under the mattress.”Peter Lynch
When you start to confuse Freddie Mac, Sallie Mae and Fannie Mae with members of your family, and you remember 2,000 stock symbols but forget the children’s birthdays, there’s a good chance you’ve become too wrapped up in your work.”Peter Lynch
If you’re lucky enough to have been rewarded in life to the degree that I have, there comes a point at which you have to decide whether to become a slave to your net worth by devoting the rest of your life to increasing it or to let what you’ve accumulated begin to serve you.”Peter Lynch
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