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Peter Lynch Quotes: As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.
         

As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.


Peter Lynch
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Other quotes of Peter Lynch


It's human nature to keep doing something as long as it's pleasurable and you can succeed at it, which is why the world population continues to double every 40 years.

It's human nature to keep doing something as long as it's pleasurable and you can succeed at it, which is why the world population continues to double every 40 years.



Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.

Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.



Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.

Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.



Never invest in any idea you can't illustrate with a crayon

Never invest in any idea you can't illustrate with a crayon



When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.



Everyone has the brain power to make money in stocks. Not everyone has the stomach.

Everyone has the brain power to make money in stocks. Not everyone has the stomach.



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.

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.



Know what you own, and know why you own it.

Know what you own, and know why you own it.



The person that turns over the most rocks wins the game. And that's always been my philosophy.

The person that turns over the most rocks wins the game. And that's always been my philosophy.



Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.

Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.





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I didn't want to leave things the way we had, unresolved, ... and tried to tell myself he cared about me enough not to look elsewhere for what I wasn't giving him.

I didn't want to leave things the way we had, unresolved, ... and tried to tell myself he cared about me enough not to look elsewhere for what I wasn't giving him.



Fame you'll be famous, as famous as can be, with everyone watching you win on TV, Except when they don't because sometimes they won't.

Fame you'll be famous, as famous as can be, with everyone watching you win on TV, Except when they don't because sometimes they won't.



All my life people have been waiting around to watch me die.

All my life people have been waiting around to watch me die.



I think that the very earliest influence was a horror of having to work in a bank or an office, a desire for a free and creative life.

I think that the very earliest influence was a horror of having to work in a bank or an office, a desire for a free and creative life.



I love the ability to work with very good managers, and to provide the right incentives for them, and truly become a partner with that management, and make that management take a long view.

I love the ability to work with very good managers, and to provide the right incentives for them, and truly become a partner with that management, and make that management take a long view.



People will be talking about the [Barack] Obama legacy for decades, and I wanted to include my voice in the analysis of this presidency.

People will be talking about the [Barack] Obama legacy for decades, and I wanted to include my voice in the analysis of this presidency.



Any living cell carries with it the experience of a billion years of experimentation by its ancestors.

Any living cell carries with it the experience of a billion years of experimentation by its ancestors.



There are many things that, if I have to relive, maybe I will do it another way. But I would not like to look back and think what I have not been able to.

There are many things that, if I have to relive, maybe I will do it another way. But I would not like to look back and think what I have not been able to.



Creativity is the antidote to destruction.

Creativity is the antidote to destruction.



I love New York. It's one of my favorite cities.

I love New York. It's one of my favorite cities.




Quote Description


This page presents the quote "As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.". Author of this quote is Peter Lynch. This quote is about studying history, statistics, looks, philosophy, preparation, obvious,.