As far back as 1602, Dutch people were buying shares in the… - Peter Lynch

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As far back as 1602, Dutch people were buying shares in the United Dutch East India Company. This was the world’s first popular stock, sold on the world’s first popular stock exchange, which operated from a bridge over the Amstel River in Amsterdam. Crowds of eager investors gathered there, trying to get the attention of a stockbroker, and when their pushing and shoving got out of hand, police were called in to restore the peace.

Peter Lynch

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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 are up fifty-five-fold since World War II, and the stock market is up sixtyfold. Four wars, nine recessions, eight presidents, and one impeachment didn’t change that.

It’s best to divide your money among three or four types of stock funds (growth, value, emerging growth, etc.) so you’ll always have some money invested in the most profitable sector of the market.

Actually Wall Street thinks just as the Greeks did. The early Greeks used to sit around for days and debate how many teeth a horse has. They thought they could figure it out by just sitting there, instead of checking the horse.

As far back as 1602, Dutch people were buying shares in the United Dutch East India Company. This was the world’s first popular stock, sold on the wo… - Peter Lynch

About Peter Lynch

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Additional quotes by Peter Lynch