developed a passion for making ten times my money early in my investing career. - Peter Lynch

Look for small companies that are already profitable and have proven that their concept can be replicated. • Be suspicious of companies with growth rates of 50 to 100 percent a year.

To all the dozens of lessons we’re supposed to have learned from October, I can add three: (1) don’t let nuisances ruin a good portfolio; (2) don’t let nuisances ruin a good vacation; and (3) never travel abroad when you’re light on cash.

They worked out a new deal between another group of investors (headed by John Peirce) and the Plymouth Company, which owned the land.