Peter Lynch: How to achieve 29.2% CAGR over 13 years

139 views Jan 6, 2023

Lynch ran Fidelity's Magellan Fund for thirteen years (1977-1990). In that period, Magellan was up over 2700%. He retired in 1990 at the age of 46. Peter Lynch offers his insights on value investing and investing for the long haul. Invest in what you know and stick to it. A few of the concepts he talks about: - It's futile to predict the economy and interest rates. - You have plenty of time to identify and recognize exceptional companies. - Avoid long shots. - Good management is very important - Buy good businesses. - Be flexible and humble, and learn from mistakes. - Before you make a purchase, you should be able to explain why you're buying. - There's always something to worry about. "Stocks are not lottery tickets" - Lynch -------------------------- FOR MORE: My Course: https://www.udemy.com/course/financial-tips-for-busy-people/?referralCode=05AB51EB1BD6A69119E4

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