The Trading Almanac

A diary of investments in my IRA, a daily look at my stock watch list, and additional commentary/discussions on individual stocks, the overall market, economics, technology, etc.

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Thursday, January 05, 2006

Peter Lynch: Market Guru

Peter Lynch is a veritable investment guru. He managed the Fidelity Magellan Fund from 1977-1990 with average returns of 29%. He used a common-sense approach to picking his investments that amatuers will ever endeavor to emulate. Read this summary of a presentation he made recently. Included are 8 rules/observations and the "10 most dangerous things people say about stock prices". Read the article here: The Wit and Wisdom of Peter Lynch. Thank you to Kaushal B. Majmudar CFA for this summary.

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