You shouldn't just pick a stock - you should do your homework.
Peter LynchRead
The junior high schools and high schools of America have forgotten to teach one of the most important courses of all. Investing.
Interpretation
What this quote means
The quote emphasizes the lack of financial education in American schools, particularly in teaching the importance of investing.
In this quote, Peter Lynch points out a significant gap in the American education system, where vital life skills such as investing are neglected in the curriculum. He suggests that understanding how to manage and grow one's finances through investing is crucial for students, yet it is often overlooked in favor of other subjects. This oversight can lead to a generation of young adults who are ill-prepared to make informed financial decisions in their futures.
Themes
InvestingEducationFinancial LiteracyYouthCurriculum
In practice
Example use cases
A teacher discussing financial education in a class might use this quote to highlight its importance.
More from Peter Lynch
All quotes βNever invest in any idea you can't illustrate with a crayon
Peter LynchRead
The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
Peter LynchRead
All the math you need in the stock market you get in the fourth grade.
Peter LynchRead
You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
Peter LynchRead
Just because you buy a stock and it goes up does not mean you are right. Just because you buy a stock and it goes down does not mean you are wrong.
Peter LynchRead
Similar quotes
One glance at a book and you hear the voice of another person, perhaps someone dead for 1,000 years. To read is to voyage through time.
Carl SaganRead
When dictators feel their support slipping among adults, it is not unusual for them to alter school textbooks in the hope of enlisting impressionable youths in their cause.
Samantha PowerRead
The danger of lectures is that they create the illusion of teaching for teachers, and the illusion of learning for learners.
Albert CamusRead
Nature without learning is like a blind man; learning without Nature, like a maimed one; practice without both, incomplete. As in agriculture a good soil is first sought for, then a skilful husbandman, and then good seed; in the same way nature corresponds to the soil, the teacher to the husbandman, precepts and instruction to the seed.
PlutarchRead
I am too fond of reading books to care to write them.
Oscar WildeRead
Headmasters have powers at their disposal with which Prime ministers have never yet been invested.
Winston ChurchillRead