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Peter Lynch Quotes: Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.
         

Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.


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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Excuse my dress. I was half an hour late this morning. When you lose half an hour in this house, you never can pick it up again, try how you may. -Reverend Finch's wife

Excuse my dress. I was half an hour late this morning. When you lose half an hour in this house, you never can pick it up again, try how you may. -Reverend Finch's wife



At various points in our lives, or on a quest, and for reasons that often remain obscure, we are driven to make decisions which prove with hindsight to be loaded with meaning. (225)

At various points in our lives, or on a quest, and for reasons that often remain obscure, we are driven to make decisions which prove with hindsight to be loaded with meaning. (225)



Feb. 1, 1965Storm late at night, heavy rain, a thunderous racket, the windows shaking. I heard my name called. A woman’s voice in hell pleading with me to join her.

Feb. 1, 1965Storm late at night, heavy rain, a thunderous racket, the windows shaking. I heard my name called. A woman’s voice in hell pleading with me to join her.



There's no photo-shoot academy. If there was, I'd probably be kicked out.

There's no photo-shoot academy. If there was, I'd probably be kicked out.



I was a fan of the television show as a kid but I wouldn't say that I've followed all the movies or anything like that. But I was a television junkie as a kid.

I was a fan of the television show as a kid but I wouldn't say that I've followed all the movies or anything like that. But I was a television junkie as a kid.



But a prayer that he sends from his heart's deep core.

But a prayer that he sends from his heart's deep core.



A girl just asked for SAT scores good enough to get her into Yale. I think she was nine.

A girl just asked for SAT scores good enough to get her into Yale. I think she was nine.



I decided to not just be about protesting or speaking out against certain things, but actually trying to get things done. That has been tremendously fulfilling for me.

I decided to not just be about protesting or speaking out against certain things, but actually trying to get things done. That has been tremendously fulfilling for me.



Since the middle of the 20th century, more has been learnt about the ocean than during all preceding human history; at the same time, more has been lost.

Since the middle of the 20th century, more has been learnt about the ocean than during all preceding human history; at the same time, more has been lost.




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This page presents the quote "Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.". Author of this quote is Peter Lynch. This quote is about intelligent, percent, normal, years, business, brain, three, average, wall,.