Peter Lynch Finance Quotes

PE

2007-11-10T22:45:00.000-08:00

It's selling now at 35 times what they're going to earn in 1998 and over 25 times what they're going to earn in the year 2000. There's some relationship between what a company earns and what they grow at.

Analyzing

2007-10-08T05:40:00.001-07:00

If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes.

Long Run

2007-10-08T05:39:00.001-07:00

Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three years, you might as well flip a coin to decide.

Research

2007-10-08T05:38:00.000-07:00

Investing without research is like playing stud poker and never looking at the cards.

Alert

2007-10-08T05:37:00.002-07:00

If you stay half-alert, you can pick the spectacular performers right from your place of business or out of the neighborhood shopping mall, and long before Wall Street discovers them.

Idiot

2007-10-08T05:37:00.001-07:00

Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it.

Consolidation

2007-10-06T20:54:00.001-07:00

We're not budgeting for it to do that. We think that it is possible that into our coffers you could probably push 8 or 10 million (euros) EBITDA ...but I think it's probably not the right thing to do in this period of consolidation.