A Quote by Peter Lynch
Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage.
Related Quotes
Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market.
Investing in a poker game and investing in stocks, at least the way I do it, it's a very similar skillset.
My number-one recommendation is to invest in people. Humans that are well trained are the inputs into this discovery process. And there's big opportunities still, I think, to do a better job of investing in people.
All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out.
Principles for the Development of a Complete Mind: Study the science of art. Study the art of science. Develop your senses- especially learn how to see. Realize that everything connects to everything else.
Warhol was definitely an inspiration when I was younger. I wouldn't quantify his sort of influence. I've been influenced by nature and science, and I've been influenced by people like Ernst and Rauschenberg, Cornell and Bosch and Bruegel, by writers like Haruki Murakami to Pablo Neruda to Artaud.
Even I have been at that point in my life where I thought I didn't have enough extra money laying around to start investing in stocks for my own retirement plans.
To me 'The Big Easy' is shorthand for owning big stocks that are easy for wary investors to buy into. These stocks tend to outperform during the back half of bull markets.
I'm trained in science, believe in logic, and like to think there's an explanation for everything. And I'm truly not really at ease with other people.
One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.
Investing is not a natural science but rather a social science. So, it's never purely empirical; what you are trying to do is everything you possibly can to enhance your probabilities of being right more often than being wrong.
Investing in science education and curiosity-driven research is investing in the future.
What's in my mind is that I'm investing in people. It might be through a building or a program, but I'm investing in people. And the people that I'm investing in are underprivileged or hold a core value that I believe in.
'Ick investing' means taking a special analytical interest in stocks that inspire a first reaction of 'ick.' I tend to become interested in stocks that by their very names or circumstances inspire unwillingness - and an 'ick' accompanied by a wrinkle of the nose on the part of most investors to delve any further.
The numbers are there just to help you - at the end of the day you've still got to make the decision. There are certain things the numbers can't quantify: They can't quantify injuries, they can't quantify the weather, they can't give you a number on whether the referee's going to make a good call or a bad call.
There are two avenues from the little passions and the drear calamities of earth; both lead to the heaven and away from hell-Art and Science. But art is more godlike than science; science discovers, art creates.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman