Peter Lynch Quotes

if you are undecided and lack conviction, then you are a potential market victim,

Houses, like stocks, are most likely to be profitable when they’re held for a long period of time. Unlike stocks, houses are likely to be owned by the same person for a number of years — seven, I think, is the average. Compare this to the

You have to keep your priorities straight, if you plan to do well in stocks.

Corporate profits will be a lot higher 10 years from now. They'll be a lot higher 20 years from now. That's what you can rely on. Microsoft didn't exist 20 years ago. Staples didn't exist 20 years ago—Federal Express didn't exist 20 years ago. New companies will come along. That's what makes stocks go up.

A person who owns property and has a stake in the enterprise is likely to work harder and feel happier and do a better job than a person who doesn

Know what you own, and know why you own it

When we say this, we’re assuming you are a long-term investor who is determined to stick with stocks no matter what.