Peter Lynch Quotes

Like many other banks and finance companies, Green Tree used a process called securitization to resell its home loans to outside investors. Green Tree grouped thousands of these small loans into a pool worth hundreds of millions of dollars.

All roads lead to Wall Street, but we feel the effects of Wall Street on every street corner. Certainly in Syracuse, N.Y., where I live.

It's no secret that big institutional investors have a lot of advantages on Wall Street. They get the first chance to buy hot initial public offerings. They get to meet in person with companies' managements.

I'm not wedded to covering the markets. I'm intrigued by the markets. If I can connect Main Street with Wall Street, then I've succeeded.

In college, I was told the market can't be beat.

If you're financially responsible, your children have a much better chance to grow up financially responsible.

My work is my life. I've worked so much that I don't know the difference between my personal life and my work, or my personal friends and my work friends.

Money and investing can be complex, confusing, and often boring subjects.

I was about thirteen when I started thinking about the stock market. My dad helped me a little bit. I'd see it in the 'Santa Barbara News-Press.' These prices would change every day - what was that all about?

The stock market is a giant distraction from the business of investing.

An important key to investing is to remember that stocks are not lottery tickets.

For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.

My personal life absolutely goes down the drain when I start working; that's something that I'm incapable of doing.

If some institution wants to sell you a billion dollars worth of mortgages, they might have to sell 100 million in the market, and then you'll buy the other 900 million on the same terms. Now, the very fact that this has been authorized or will be authorized, I hope, will firm up the market to some degree. And that's fine. But you don't want to have artificial prices being paid.

"Now you can trade the S&P 500 Index in real time" was the slogan in the newspapers for the first ETF. What kind of nut would do that?

The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.

The natural-born investor is a myth.

Wall Street is at best ambivalent. The size of the accounts is nothing big. How many Wall Street firms do you know that are running after people with $5,000 accounts?

Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.

The time of maximum pessimism is the best time to buy.

Stocks are the only thing that people are happy to buy when the price goes up.

But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual investor who would disagree with the thrust of EMH: The stock market itself is a demanding taskmaster. It sets a high hurdle that few investors can leap.

At heart, "uncertainty" and "investing" are synonyms.

I don't like all this business stuff. I like stocks.

BUSINESS and LIFE are like a bank account-you can't take out more than you put in.