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Peter Lynch Quotes: There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.
         

There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.


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 President has apologized for his activities with Monica Lewinsky. These were too little, too late, in my opinion.

The President has apologized for his activities with Monica Lewinsky. These were too little, too late, in my opinion.



But this people has deliberately made itself stupid, for nearly a millennium: nowhere have the two great European narcotics, alcohol and Christianity, been abused more dissolutely.

But this people has deliberately made itself stupid, for nearly a millennium: nowhere have the two great European narcotics, alcohol and Christianity, been abused more dissolutely.



If with an impure mind a person speaks or acts suffering follows him like the wheel that follows the foot of the ox.

If with an impure mind a person speaks or acts suffering follows him like the wheel that follows the foot of the ox.



Slavery is the next thing to hell.

Slavery is the next thing to hell.



Pretty much any drug you can name, I've done it.

Pretty much any drug you can name, I've done it.



Let me fall. Let me climb. There's a moment where fear and dream must collide.

Let me fall. Let me climb. There's a moment where fear and dream must collide.



Truth has never been, can never be, contained in any one creed or system.

Truth has never been, can never be, contained in any one creed or system.



An office is a machine for dying.

An office is a machine for dying.



I will be rich or I will die trying.

I will be rich or I will die trying.



With no one collecting his knockdowns, what was Crouch supposed to do, juggle the ball with his head until the midfield support arrived?

With no one collecting his knockdowns, what was Crouch supposed to do, juggle the ball with his head until the midfield support arrived?




Quote Description


This page presents the quote "There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating.". Author of this quote is Peter Lynch. This quote is about money, shame, deteriorating, shameful, losing, doe, fundamentals, investing,.