A Quote by Peter Lynch

An important key to investing is to remember that stocks are not lottery tickets. — © Peter Lynch
An important key to investing is to remember that stocks are not lottery tickets.
The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
The more tickets you have in a lottery, the worse your chance. And it is the same of virtues, in the lottery of life.
Adventure upon all the tickets in the lottery, and you lose for certain; and the greater the number of your tickets the nearer your approach to this certainty.
Investing in a poker game and investing in stocks, at least the way I do it, it's a very similar skillset.
I've always been interested in photography. I remember when I was about 14, I spent an entire summer selling lottery tickets in some little booth so I could make enough money to buy an Olympus camera.
We've created a multitrillion-dollar edifice for dispensing the medical equivalent of lottery tickets - and have only the rudiments of a system to prepare patients for the near certainty that those tickets will not win. Hope is not a plan, but hope is our plan.
Lottery tickets are a surtax on desperation.
I bought a million lottery tickets. I won a dollar.
Life is a lottery that we've already won. But most people have not cashed in their tickets.
If you want money, buy lottery tickets. If you love music, practice and keep your overhead to the bare minimum. Keep your promises, who you are is more important than what licks you know to any band leader.
When reviewing one's portfolio, it is important to be aware of common mental mistakes that may lead to bad decisions. The most powerful is commitment bias, which, as manifested in investing, is the tendency to fall in love with one's stocks.
Instead of locking people up and throwing away the key, it's important to invest in them and show them another way - show them what they can do, instead of telling them what they can't do. Because by investing in youth, we're investing into the future of this great nation of the United States of America.
Well, the most important thing in investing is to know what you're investing in, and if you're confident in the outcome, it's important to stay true to your position.
Life is like a huge lottery in which only the winning tickets are visible.
All I'll say is if you look at countries where it is - where they are rapidly growing, they're investing in their infrastructure. They're investing in their educations. They are trying to streamline regulations, but they're not neglecting key investments.
The most important key to successful investing can be summed up in just two words-asset allocation.
This site uses cookies to ensure you get the best experience. More info...
Got it!