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Peter Lynch Quotes: During the Gold Rush, most would-be miners lost money, but people who sold them picks, shovels, tents and blue-jeans (Levi Strauss) made a nice profit.
         

During the Gold Rush, most would-be miners lost money, but people who sold them picks, shovels, tents and blue-jeans (Levi Strauss) made a nice profit.


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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The last enemy that shall be destroyed is death.

The last enemy that shall be destroyed is death.



How index-learning turns no student pale, Yet holds the eel of science by the tail!

How index-learning turns no student pale, Yet holds the eel of science by the tail!



Darwinism's atheism prevents science from knowing why things are as they are. Without God there is no answer to the why for anything.

Darwinism's atheism prevents science from knowing why things are as they are. Without God there is no answer to the why for anything.



When we talk about the decline of the American family, I think we have to go back to the Industrial Revolution.

When we talk about the decline of the American family, I think we have to go back to the Industrial Revolution.



To call someone a Christian simply because he does some Christian-y things is giving false comfort to the unsaved.

To call someone a Christian simply because he does some Christian-y things is giving false comfort to the unsaved.



Ivory may not be so white as snow, but the whole Arctic continent does not make ivory black.

Ivory may not be so white as snow, but the whole Arctic continent does not make ivory black.



An object that is at rest will tend to stay at rest. An object that is in motion will tend to stay in motion.

An object that is at rest will tend to stay at rest. An object that is in motion will tend to stay in motion.



The status of 'native' is a nervous condition introduced and maintained by the settler among colonized people with their consent.

The status of 'native' is a nervous condition introduced and maintained by the settler among colonized people with their consent.



I'm incapable of writing without social commentary. I like to think that it's integrated and not really heavy handedly didactic.

I'm incapable of writing without social commentary. I like to think that it's integrated and not really heavy handedly didactic.



They tell you that a tree is only a combination of chemical elements. I prefer to believe that God created it, and that it is inhabited by a nymph.

They tell you that a tree is only a combination of chemical elements. I prefer to believe that God created it, and that it is inhabited by a nymph.




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This page presents the quote "During the Gold Rush, most would-be miners lost money, but people who sold them picks, shovels, tents and blue-jeans (Levi Strauss) made a nice profit.". Author of this quote is Peter Lynch. This quote is about gold rush, blue, levi strauss, jeans, people, picks, nice, lost money, profit,.