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Peter Lynch Quotes: The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.
         

The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.


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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Forgiving others simply means that you refuse to be a prisoner of a past that you can't change, and shackled to decisions that you didn't make.

Forgiving others simply means that you refuse to be a prisoner of a past that you can't change, and shackled to decisions that you didn't make.



Sometimes people don't want to look back because they are afraid of facing the truth. But sometimes, facing the truth we're afraid of is what makes us who we're really supposed to be.

Sometimes people don't want to look back because they are afraid of facing the truth. But sometimes, facing the truth we're afraid of is what makes us who we're really supposed to be.



Thumbs grow into my throat. I wear slaps like a spot of rouge.

Thumbs grow into my throat. I wear slaps like a spot of rouge.



Words do not pay for my dead people.

Words do not pay for my dead people.



At Halloween a lot of young people were wearing Bush masks mocked up as an incarnation of the Devil.

At Halloween a lot of young people were wearing Bush masks mocked up as an incarnation of the Devil.



Man habitually sacrifices his life to his purse, but he sacrifices his purse to his vanity.

Man habitually sacrifices his life to his purse, but he sacrifices his purse to his vanity.



Time and reflection change the sight little by little 'till we come to understand.

Time and reflection change the sight little by little 'till we come to understand.



Life is a very thin thread and it only takes a second to snap it

Life is a very thin thread and it only takes a second to snap it



Satan has no power over us except as we give it to him. God never forces us to do right, and Satan has no power to force us to do wrong.

Satan has no power over us except as we give it to him. God never forces us to do right, and Satan has no power to force us to do wrong.



It is language which speaks in literature, in all its swarming 'polysemic' plurality, not the author himself.

It is language which speaks in literature, in all its swarming 'polysemic' plurality, not the author himself.




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This page presents the quote "The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.". Author of this quote is Peter Lynch. This quote is about ignorance, can do, buying, pastime, investing, worst,.