A Quote by Peter Lynch
You should not buy a stock because it's cheap but because you know a lot about it.
Related Quotes
When you look at a company like Amazon, one of the reasons that Amazon is one of the most powerful companies in the world is because we want to buy cheap stuff. If Donald Trump were to change trade laws, we couldn't buy the cheap stuff or in our Wal-Marts, they would cost a whole lot more.
If a lot of people feel like this company is undervalued and go out and buy the stock, the stock price will go up reflecting the higher value of this company. You might have information because you trade with them or because you've done some research on them.
Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.
Buy cheap and sell high is a rule of business, and when you control enough money and enough banks you can always manage that a stock you want shall be temporarily cheap. No value is destroyed for you - only for the original owner.
A lot of people at Shearson ended up making a lot of money because they had stock or stock options. Their kids were able to go to college, and it changed a lot of people's lives.
The time to buy stocks is consistently over time. You should never buy your investments with the idea, 'I have to get a certain return.' You should look at the best return possible and learn to live with that. But you should not try to make your investments earn what you feel you need. It doesn't work that way. The stock doesn't know you own it.
It's so funny being a Christian musician. It always scares me when people think so highly of Christian music, Contemporary Christian music especially. Because I kinda go, I know a lot of us, and we don't know jack about anything. Not that I don't want you to buy our records and come to our concerts. I sure do. But you should come for entertainment. If you really want spiritual nourishment, you should go to church... you should read the Scriptures.
If Iran was a stock, you folks should go out and buy it right now because you'll quadruple - this, what's happening in Iran, is a disgrace, and it's going to lead to destruction in large portions of the world.
Buy into a company because you want to own it, not because you want the stock to go up.
Never buy a stock because it has gone up or sell one because it has gone down.
When a corporation goes into the marketplace to buy back its own stock, it means management thinks the stock is undervalued. This is a smart time to buy.
Never buy what you do not want, because it is cheap; it will be dear to you.
I stopped doing that [photojournalism] and wrote some screenplays on speculation, because even though I wanted to direct, to direct you need a lot of money. Even for a cheap movie, you need film stock and equipment and actors.
Just because a stock is down doesn't mean it's a great buy.
The dumbest reason in the world to buy a stock is because it's going up.
I love the Knicks and Rangers, right, but you still have a responsibility to your shareholders. They're not there because they're fans. You don't invest hundreds of millions of dollars in a stock because you're a fan. You do it because you think that the business is going to increase in value, that the stock price is going to go up.
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