Peter Lynch Quotes


But my system for over 30 years has been this: When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30.


Citations

Lynch, Peter, and John Rothchild. Beating the Street. Simon & Schuster, 1993.

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Peter Lynch
Peter Lynch
  • Born: January 19, 1944
  • Nationality: American
  • Profession: Investor, Mutual Fund Manager, Philanthropist

Peter Lynch is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world. During his 13-year tenure, assets under management increased from US$18 million to $14 billion.