Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested
Peter LynchImagine if you borrowed your parents' car without permission and ran it into a tree, how much better you'd feel if you were incorporated.
Peter LynchThe biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.
Peter LynchWell, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.
Peter Lynch