Current location - Quotes Website - Excellent quotations - What is the secret of Peter Lynch's success?
What is the secret of Peter Lynch's success?

Investment strategies and theories: practical investment strategies based on value investing. What matters is the quality of individual stocks.

Theoretical explanation: The essence of value investing is that the intrinsic value of stocks with good quality and low price will always be reflected in the stock price within a long enough period of time. This characteristic can be used to make the principal grow steadily with compound interest.

Specific approach: Its investment wisdom is experienced from the simplest lifestyle. Discover potential shares in life. Invest in companies with potential that have not been noticed by the market, hold them for the long term, and use double-entry rollovers to grow steadily.

Rules and taboos to follow:

Lynch’s stock picking taste: 1. Silly name. 2. Boring. 3. Annoying. 4. Protected independent subsidiary. 5. Potential stocks that few people pay attention to. 6. A company full of rumors. 7. Industries that no one wants to pay attention to. 8. Industries with zero growth. 9. Industries with protective barriers. 10. Consumable consumer goods. 11. Directly benefit high-tech customers. 12. Even its employees purchase stocks. 13. Companies that will buy back their own shares.

Companies that make Lynch shy away from: 1. Stock trading. 2. The second generation of a leading enterprise. 3. A company that is not doing its job properly. 4. Stocks that suddenly surge in popularity. 5. Suppliers lacking bargaining power. 6. A company with a weird name.

Opinions on the relationship between the general trend and individual stocks: Lynch believes that winning or losing actually has little to do with the market. The stock market is just a place to verify whether someone is doing something stupid. You cannot rely on the market to drive your stocks up.

Opinions on stock market prediction: I never believe that anyone can predict the market. Views on investment tools: For Lynch, investment is just a kind of gambling, and there is no investment tool that is 100% safe.

Famous quotes and concepts: "Investing without doing research is as blind as playing poker without looking at the cards."

Three questions before investing: 1. Do you own property? 2. Do you have any spare money to invest? 3. Do you have the ability to make money? Many investors are not as serious about buying stocks as they are for daily consumption and shopping. If they use the shopping comparison carefully when selecting stocks, they will save more money.

Others and achievements: Born in the United States in 1944, he took over the Fidelity Magellan Fund in 1977. In 13 years, his assets increased from US$18 million to US$14 billion, with an annual compound growth rate of 29.