If you can follow only one bit of data, follow the earnings — assuming the company in question has earnings. As you’ll see in this text, I subscribe … - Peter Lynch
" "If you can follow only one bit of data, follow the earnings — assuming the company in question has earnings. As you’ll see in this text, I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.
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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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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.
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