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.
Peter LynchIf you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.
Peter LynchIf you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
Peter LynchBargains are the holy grail of the true stockpicker. The fact that 10 to 30 percent of our net worth is lost in a market sell-off is of little consequence. We see the latest correction not as a disaster but as an opportunity to acquire more shares at low prices. This is how great fortunes are made over time.
Peter Lynch