Best 112 quotes of Peter Lynch on MyQuotes

When people discover they are no good at baseball or hockey, they put away their bats and their skates and they take up amateur golf or stamp collecting or gardening. But when people discover they are no good at picking stocks, they are likely to continue to do it anyway.

When you sell in desperation, you always sell cheap.

When you start to confuse Freddie Mac, Sallie Mae and Fannie Mae with members of your family, and you remember 2,000 stock symbols but forget the children's birthdays, there's a good chance you've become too wrapped up in your work.

You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

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

You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.

Your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand.

Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.

If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings.

The old Wall Street adage "never invest in anything that eats or needs repairs" may apply to racehorses, but it's malarkey when it comes to houses.

The old Wall Street adage "never invest in anything that eats or needs repairs" may apply to racehorses, but it's mlarkey when it comes to houses.