Peter Lynch Quotes

The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.

Predicting the market is always tough.

Part of my advantage is that my strength is economic forecasting, but that only works in free markets, when markets are smarter than people. That's how I started. I watched the stock market, how equities reacted to change in levels of economic activity, and I could understand how price signals worked and how to forecast them.

Successful investing is anticipating the anticipations of others.

I don’t know why the Stock Market does what it does.

I never try to predict the market.

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

Obviously, no one knows when the market is going to bottom out, and I am certainly not an economist.

The techniques I developed for studying turbulence, like weather, also apply to the stock market.

Markets are frequently ahead of, and often out of sync with, the economy.

I can never predict what the markets will do. Sometimes it does the exact opposite of what I would have expected.

We never know what the Street is going to do with the funky trading.

I did get introduced to the financial markets while I was in college. And I think I learned also how to sort of filter out all of the nonrational, or nonsensible, noise and sort of concentrate on what matters, and that's really what markets are about.

Economists often get the market wrong.

Economists don't usually make good speculators, because they think too much.

A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases.

I think the works of W.D. Gann and Robert Prechter have inspired me more than anyone else. It was from their writings that I discovered cycles, patterns, and psychology dominate the market, and that the news breaks with the cycles, not the other way around.

If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.

In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually.

I think what you've seen them do recently in the markets is what most of us learn doesn't ultimately work. But I think everyone has to figure that on their own.

Nothing important on Wall Street can be counted on to occur exactly in the same way as it happened before.

I don't fully understand movements in the gold price.

I think a lot of hedge funds get their trades from Wall Street and get their ideas from Wall Street. And I just like to find my own ideas. I'm reading a lot; I read a lot of news. I'm addicted to it. I basically - I follow my nose on news stories.

As an investor, I'm always scouting for new trends.

Entire populations of market strategists, fund managers, and economists are employed to try and intuit for clients which securities to bet on for the best possible return each year - or quarter.