You shouldn't just pick a stock - you should do your homework.
Peter LynchRead
Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks just as well, if not better, than the average Wall Street expert.
Interpretation
What this quote means
Success in stock picking is achievable by anyone, not just experts.
Peter Lynch emphasizes that with basic effort and common sense, a regular person can be just as proficient, if not more so, in selecting stocks as seasoned Wall Street professionals. This perspective democratizes investing, suggesting that the average individual possesses enough capability to succeed without needing extensive resources or insider knowledge.
Themes
InvestingStocksFinanceWall StreetBusinessCommon Sense
In practice
Example use cases
During a seminar on personal finance, this quote could inspire attendees to start investing independently.
More from Peter Lynch
All quotes →Never invest in any idea you can't illustrate with a crayon
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The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
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The junior high schools and high schools of America have forgotten to teach one of the most important courses of all. Investing.
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All the math you need in the stock market you get in the fourth grade.
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You can find good reasons to scuttle your equities in every morning paper and on every broadcast of the nightly news.
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