Peter Lynch

Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.

You've got to go into places where other investors, and especially fund managers, fear to treat, or, more to the point, invest.

The more cash that builds up in the treasury the greater the pressure to piss it away.

I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.

Don't bottom fish.

I don't go near the money and the money doesn't go near me.

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.

Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.

I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'

Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.

Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we'll get somewhere.

An important key to investing is to remember that stocks are not lottery tickets.

Investing is fun and exciting, but dangerous if you don't do any work.

I've always been a great lover of baseball.

Investing is fun, exciting, and dangerous if you don't do any work.

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.

Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage.

The real key to making money in stocks is not to get scared out of them.

So while I was in college I did a little study on the freight industry, the air freight industry. And I looked at this company called Flying Tiger. And I actually put a thousand dollars in it and I remember I thought this air cargo was going to be a thing of the future.

Go for a business that any idiot can run, because sooner or later, any idiot probably is going to run it.

But my system for over 30 years has been this: 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.

In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.

The person that turns over the most rocks wins the game. And that's always been my philosophy.

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

Never invest in any idea you cant illustrate with a crayon.

If all the economists in the world were laid end to end, it wouldn't be a bad thing.

If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.

Improved turnout will give parliament and government the appearance of being more legitimate.

It isnt the head but the stomach that determines the fate of the stockpicker.

I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy.

Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.