A Quote by Peter Lynch

All the time and effort people devote to picking the right fund, the hot hand, the great manager have, in most cases, led to no advantage.

Peter Lynch

Quote Topics

Advantage Cases Devote Effort Fund Great Great Man Hand Hot Led Manager Most People Picking Right Time

Quote Author

Peter Lynch
American - Businessman
Born: January 19, 1944

Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to society... He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention

Adam Smith

Mutual fund manager performance does not persist and the return of stock picking is zero.

William J. Bernstein

My legislators devote most of their time to attend to people's problems. I want the people to devote more time and contribute to the development of the state.

N. Chandrababu Naidu

Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees and substantial portfolio turnover tend to reduce investment yields. Many people will find the guarantee of playing the stock-market game at par every round a very attractive one. The index fund is a sensible, serviceable method for obtaining the market's rate of return with absolutely no effort and minimal expense.

Burton Malkiel

The study of typical plans is something that the leading grandmasters devote a great deal of time to. I would say that the most far-seeing of them devote as much time to this as to the study of openings.

Alexander Kotov

The linear design of FFXIII had a great advantage in providing players with enough time to become familiarized with the new battle system and the unique world. But on the other hand, it led to players feeling like the majority of the game was a tutorial.

Motomu Toriyama

Our movement was a great success; I think the most successful military movement of my life. But I expect to receive more credit for it than I deserve. Most men will think I planned it all from the first; but it was not so. I simply took advantage of circumstances as they were presented to me in the providence of God. I feel that His hand led me - let us give Him the glory.

Stonewall Jackson

One thing we can all control is effort. Put in the time to become an expert in whatever you’re doing. It will give you an advantage because most people don’t do this.

Mark Cuban

The increase of this efficiency is essentially the problem of the manager, and the amount to which it can be increased by proper study is, in most cases, so great as to be almost incredible.

Henry Gantt

Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty… I have never in my life envied a human being who led an easy life. I have envied a great many people who led difficult lives and led them well.

Theodore Roosevelt

The primary skill of a manager consists of knowing how to make assignments and picking the right people to carry out those assignments

Lee Iacocca

Sweep picking is when the right hand sweeps down and up the strings in succession. But when you do sweep picking, one note rings into the next, and it sounds almost like you're playing a chord, and that's exactly what you don't want.

Yngwie Malmsteen

The issue is not whether there are horrible cases where the penalty seems "right". The real question is whether we will ever design a capital system that reaches only the "right" cases, without dragging in the wrong cases, cases of innocence or cases where death is not proportionate punishment. Slowly, even reluctantly, I have realized the answer to that question is no- we will never get it right.

Scott Turow

The actual fund is called "THE JIMMY FUND" and THE REDSOX FOUNDATION IN BOSTON has gotten involved and people all over New England are very supportive of this effort. The Jimmy Fund is an official charity of the Boston Red Sox and my song "Down at Fenway Park" is often played at Fenway and if you buy the C.D. a portion of the proceeds go to the Jimmy Fund via the Red Sox Foundation.