Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.

Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies.

I'm always fully invested. It's a great feeling to be caught with your pants up.

The typical big winner in the Lynch portfolio generally takes three to ten years to play out.

In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it.

In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.

There's lots of stocks out there and all you need is a few of 'em. That's been my philosophy.