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Peter Lynch Quotes: Never buy anything that you can't illustrate on the back of a napkin.
         

Never buy anything that you can't illustrate on the back of a napkin.


Peter Lynch
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"Peter Lynch Quotes." Quoteslyfe.com, 2024. Tue. 05 Nov. 2024. <https://www.quoteslyfe.com/quote/Never-buy-anything-that-you-can-t-952654>.




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Other quotes of Peter Lynch


It's human nature to keep doing something as long as it's pleasurable and you can succeed at it, which is why the world population continues to double every 40 years.

It's human nature to keep doing something as long as it's pleasurable and you can succeed at it, which is why the world population continues to double every 40 years.



Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.

Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.



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

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



Never invest in any idea you can't illustrate with a crayon

Never invest in any idea you can't illustrate with a crayon



When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.



Everyone has the brain power to make money in stocks. Not everyone has the stomach.

Everyone has the brain power to make money in stocks. Not everyone has the stomach.



You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.

You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.



Know what you own, and know why you own it.

Know what you own, and know why you own it.



The person that turns over the most rocks wins the game. And that's always been my philosophy.

The person that turns over the most rocks wins the game. And that's always been my philosophy.



Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.

Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets.





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Most artists have retired too absolutely; they grow rusty, inflexible to the flow of currents.

Most artists have retired too absolutely; they grow rusty, inflexible to the flow of currents.



An idler and a sluggard are as different as a gourmand and a glutton.

An idler and a sluggard are as different as a gourmand and a glutton.



A great writer is nothing less than a martyr who does not die.

A great writer is nothing less than a martyr who does not die.



I'm very blessed that I have such a supportive wife who is secure with letting me embarrass myself.

I'm very blessed that I have such a supportive wife who is secure with letting me embarrass myself.



Love is a robber and he lives within your eyes.

Love is a robber and he lives within your eyes.



Teams are going to try to hit me because they think I can't take a hit. I think I've proven over my career that I can.

Teams are going to try to hit me because they think I can't take a hit. I think I've proven over my career that I can.



Each change of many-colour'd life he drew, Exhausted worlds, and then imagin'd new.

Each change of many-colour'd life he drew, Exhausted worlds, and then imagin'd new.



We often forget our dreams so speedily: if we cannot catch them as they are passing out at the door, we never set eyes on them again.

We often forget our dreams so speedily: if we cannot catch them as they are passing out at the door, we never set eyes on them again.



Beware Of entrance to a quarrel.

Beware Of entrance to a quarrel.



I just try to let myself really focus on the work that's ahead of me and what my job is and how I bring something to life.

I just try to let myself really focus on the work that's ahead of me and what my job is and how I bring something to life.




Quote Description


This page presents the quote "Never buy anything that you can't illustrate on the back of a napkin.". Author of this quote is Peter Lynch. This quote is about napkins,.