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Peter Lynch Quotes: You should not buy a stock because it's cheap but because you know a lot about it.
         

You should not buy a stock because it's cheap but because you know a lot about it.


Peter Lynch
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"Peter Lynch Quotes." Quoteslyfe.com, 2024. Thu. 25 Apr. 2024. <https://www.quoteslyfe.com/quote/You-should-not-buy-a-stock-because-952584>.




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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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Talk to me when your nuts are so blue they look like something you can hang on a Christmas tree.

Talk to me when your nuts are so blue they look like something you can hang on a Christmas tree.



The notion of "cause and effect" is sometimes useful in real life, and it can even be interesting in art, but I'm more interested in "cause and cause" or "effect and effect" or "and and and".

The notion of "cause and effect" is sometimes useful in real life, and it can even be interesting in art, but I'm more interested in "cause and cause" or "effect and effect" or "and and and".



Cruel blows of fate call for extreme kindness in the family circle.

Cruel blows of fate call for extreme kindness in the family circle.



Considering the absence of legal coercion, the surprising thing is that men have for so long, and, on the whole, so reliably, adhered to what we might call the breadwinner ethic.

Considering the absence of legal coercion, the surprising thing is that men have for so long, and, on the whole, so reliably, adhered to what we might call the breadwinner ethic.



[On Richard M. Nixon:] Americans began with a president who couldn't tell a lie and now they have one who can't tell the truth.

[On Richard M. Nixon:] Americans began with a president who couldn't tell a lie and now they have one who can't tell the truth.



You make your own party.

You make your own party.



Memory should be the starting point of the present.

Memory should be the starting point of the present.



Invariably, micromanaging results in four problems: deceit, disloyalty, conflict, and communication problems.

Invariably, micromanaging results in four problems: deceit, disloyalty, conflict, and communication problems.



The apprenticeship of difficulty is one which the greatest of men have had to serve.

The apprenticeship of difficulty is one which the greatest of men have had to serve.



God Tris, are you even human?

God Tris, are you even human?




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This page presents the quote "You should not buy a stock because it's cheap but because you know a lot about it.". Author of this quote is Peter Lynch. This quote is about knows,.