Peter Lynch

Peter LynchPeter Lynch (1944-) is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world.

Peter Lynch Quotes

“It’s worth reminding ourselves from time to time that gyrations in a stock price may tell us absolutely nothing about the prospects of the company involved.”

— Peter Lynch

“Buying a cyclical after several years of record earnings and when the P/E ratio has hit a low point is a proven method for losing half of your money in a short period of time.”

— Peter Lynch

“Don’t buy ‘cheap’ stocks just because they’re cheap. Buy them because the fundamentals are improving.”

— Peter Lynch

“There are substantial rewards for adopting a regular routine of investing and following it no matter what—and additional rewards for buying more shares when most investors are scared into selling.”

— Peter Lynch