A Quote by Peter Lynch

Hold no more stocks than you can remain informed on. — © Peter Lynch
Hold no more stocks than you can remain informed on.
When I closed THE GRAPES OF WRATH, I was a different man. It enriched my powers of thinking and discipline, and my relationships. I left prison more informed than when I went in. And the more informed you are, the less arrogant and aggressive you are.
If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.
Stocks change. Industries change. But the underlying reasons certain stocks are good investments remain the same. Only the fullness of time reveals which are the most sound.
What we need more than anything else is an informed populace. I believe people want to be informed.
Mr. Market does not always price stocks the way an appraiser or a private buyer would value a business. Instead, when stocks are going up, he happily pays more than their objective value; and, when they are going down, he is desperate to dump them for less than their true worth.
Rising interest rates are considered bad for stocks because they raise the cost of doing business and depress corporate earnings and because higher yields make bonds relatively more attractive than stocks to investors.
In an ideal world, the intelligent investor would hold stocks only when they are cheap and sell them when they become overpriced, then duck into the bunker of bonds and cash until stocks again become cheap enough to buy.
I believe that there are human stocks with whom it is physically unwise to intermarry, but to think that these stocks are all colored or that there are no such white stocks is unscientific and false.
Of course, the discounting of future earnings should hurt all stocks. But it should hurt technology stocks more than others, because so many of them are valued at extremely high levels relative to their current earnings.
I had a few stocks, but stocks took a dive. I never sell my stocks.
Both cheap value stocks and more glamorous growth stocks can work well in a portfolio - if done right.
Beginning in the 1960s, many studies showed that people who hold what we call irrational beliefs are significantly more disturbed than when they don't hold them, and the more strongly they hold them, the more disturbed they tend to be.
When I stand on my special-issue "Intelligent Investor" ladder and peer out over the frenzied crowd, I see very few others doing the same. Many stocks remain overvalued, and speculative excess - both on the upside and on the downside - is embedded in the frenzy around stocks of all stripes. And yes, I am talking about March 2001, not March 2000.
Millennials are much more informed than they get credit for, and many are more politically knowledgeable than older generations.
If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.
It is better to be un-informed than ill-informed.
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