If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
Peter LynchI can't recall ever once having seen the name of a market timer on Forbes' annual list of the richest people in the world. If it were truly possible to predict corrections, you'd think somebody would have made billions by doing it.
Peter LynchThe worst thing you can do is invest in companies you know nothing about. Unfortunately, buying stocks on ignorance is still a popular American pastime.
Peter LynchIn our society, it's been the men who've handled most of the finances, and the women who've stood by and watched men botch things up.
Peter LynchThe list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic.
Peter Lynch