Eternal Advice of Peter Lynch: “The person who converts most rocks wins in the game”
Peter LynchIt is famous for its wonderful returns at the head of the Fedelity Magellan box, which emphasizes the importance of comprehensive research and a long -term approach to successful investment, especially for those in the 1960s.
What happenedLynch, which is repeatedly referred to as the “legendary” stock market investor, transferred some invaluable wisdom for investors between the ages of 60 years and over.
During his term in the Fidelity Magellan box, Lynch has achieved an amazing annual return of 29.2 %, outperforming the S&P 500 index with more than twice during the same time frame. His successful methodology and passion for his value inspired him to pen by many books, including the best sales of “One in Wall Street”.
Lynch’s lawyer for investors, especially those in the 1960s, is to focus on comprehensive research and long -term tactics. “The person around most rocks wins the game,” he said, including the need to evaluate a wide range of companies, not only the traditional stocks of blue chip.
Also read: Teacher Peter Lynch’s investment: “If you cannot explain a 11 -year -old child in two minutes or less why you have stocks, you will not own it.”
“I have always thought if you look at ten companies, you will find one of the interesting companies, if you look at 20, you will find two, or if you look at a hundred, you will find ten. The person who converts most rocks has won the game.”
He also warned against making emotionally paid decisions based on the pessimism of the market. “Many people when they are negative in the market, they put 50 % cash, but unfortunately, often when you reach this position, it is only about gathering in the market,” Lynch pointed out. It urges investors to make decisions based on research and a strong understanding of their long -term property.
Why do it matterLynch’s advice comes decisively when many investors in the 1960s seek guidelines about managing their governor in a volatile market.
Its focus on comprehensive research and long -term strategy is echoes for investors to make informed decisions instead of responding recklessly on market fluctuations.
Its warning against emotional decisions based on the negativity of the market is a timely reminder for investors to stay on their long -term goals and not affect the feelings of the short -term market.
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