If my favorite Internet company sells for $30 a share, and … - Peter Lynch

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If my favorite Internet company sells for $30 a share, and yours sells for $10, then people who focus on price would say that mine is the superior company. This is a dangerous delusion. What Mr. Market pays for a stock today or next week doesn’t tell you which company has the best chance to succeed two to three years down the information superhighway.

Peter Lynch

One Up on Wall Street: How To Use What You Already Know To Make Money in the Market · February 28, 2012 Verified in 1 source Sign up to see the complete provenance

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About Peter Lynch

Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager, philanthropist, and author.

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A successful stockpicker has the same relationship with a drop in the market as a Minnesotan has with freezing weather. You know it’s coming, and you’re ready to ride it out, and when your favorite stocks go down with the rest, you jump at the chance to buy more.

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’t.

installed central air conditioning, bought big refrigerator/

If my favorite Internet company sells for $30 a share, and yours sells for $10, then people who focus on price would say that mine is the superior co… - Peter Lynch

About Peter Lynch

Additional quotes by Peter Lynch