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Peter Lynch Quotes: Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.
         

Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.


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 flower that blooms in adversity is the rarest and most beautiful of all.

The flower that blooms in adversity is the rarest and most beautiful of all.



We hang the petty thieves and appoint the great ones to public office.

We hang the petty thieves and appoint the great ones to public office.



A country which prefers guns to flowers will live the beauty of the flowers only in its graveyards!

A country which prefers guns to flowers will live the beauty of the flowers only in its graveyards!




And then there's silence. Though is silence the right word when, through the quiet, the air is so charged, electricity crackles deafeningly without making a sound?

And then there's silence. Though is silence the right word when, through the quiet, the air is so charged, electricity crackles deafeningly without making a sound?



I'm very thankful to the Yankees and to Major League Baseball for allowing me to play this game.

I'm very thankful to the Yankees and to Major League Baseball for allowing me to play this game.



I resisted writing a book for a long time because I didn't want to invade anyone else's privacy or hurt anyone or anger anyone.

I resisted writing a book for a long time because I didn't want to invade anyone else's privacy or hurt anyone or anger anyone.



I think the most interesting parts of human experience might be the sparks that come from that sort of chipping flint of cultures rubbing against each other.

I think the most interesting parts of human experience might be the sparks that come from that sort of chipping flint of cultures rubbing against each other.



As my mother says, your forties are when you finally pay for your past mistakes, the cigarettes and sunburns, the Big Macs and smooth-talking men. She may be right.

As my mother says, your forties are when you finally pay for your past mistakes, the cigarettes and sunburns, the Big Macs and smooth-talking men. She may be right.



Faith is a belief in the unknown. Faith heals, faith creates, faith works wonders, faith moves mountains. Faith is the searchlight for God-finding.

Faith is a belief in the unknown. Faith heals, faith creates, faith works wonders, faith moves mountains. Faith is the searchlight for God-finding.




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This page presents the quote "Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.". Author of this quote is Peter Lynch. This quote is about mean, doe, investing,.