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.
Peter LynchIn the long run, a portfolio of well chosen stocks and/or equity mutual funds will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.
Peter LynchIt would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
Peter Lynch