A Quote by Peter Lynch

Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.

Peter Lynch

Quote Topics

Balance Balance Sheets Biggest Come Companies Company Finances Invest Losses Never Poor Sheets Stocks Understanding Without

Quote Author

Peter Lynch
American - Businessman
Born: January 19, 1944

In a crisis, stocks of financial companies are great investments, because the tide is bound to turn. Massive losses on bad loans and soured investments are irrelevant to value; improving trends and future prospects are what matter, regardless of whether profits will have to be used to cover loan losses and equity shortfalls for years to come.

Seth Klarman

I don't think it makes any sense for an individual to invest in common stocks unless they know the company, work at the company, and so on.

Eli Broad

Nobody is going to invest in the Italian banks unless they trust their balance sheets.

Steve Eisman

My philosophy is that all stocks are bad. There are no good stocks unless they go up in price. If they go down instead, you have to cut your losses fast Letting losses run is the most serious mistake made by most investors.

William O'Neil

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.

Peter Lynch

Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional activities as banks try to rebuild their balance sheets.

Vince Cable

Adidas is one of the biggest companies in the world. To have a company like that, a mainstream company, a major sports company, to say they want me, it's awesome.

Robbie Lawler

A good reputation for yourself and your company is an invaluable asset not reflected in the balance sheets.

Li Ka-shing

The worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.

Peter Lynch

We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies.

David Dreman

There's a company behind every stock and a reason companies - and their stocks - perform the way they do.

Peter Lynch

People invest in companies in order to get a share of the profit that company will make. If the Government increases its share of the profits, potential profits, at the expense of the owners of the company, the shareholders, then that makes investment in that company less attractive.

Malcolm Turnbull

A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.

Jack Welch

Goldman Sachs now has the biggest oil position in America and probably one of the biggest oil positions in the world. They're long oil. So the banks have aggressively been buying oil on their balance sheets. I think they might see this as a way to bail themselves out of this mortgage crisis.