As I look back on it now, it's obvious that studying history and philosophy was much better preparation for the stock market than, say, studying statistics.

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

My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.

If you can't find any companies that you think are attractive, put your money in the bank until you discover some.

All the math you need in the stock market you get in the fourth grade.

Well, 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.

Searching for companies is like looking for grubs under rocks: if you turn over 10 rocks you'll likely find one grub; if you turn over 20 rocks you'll find two.