Peter Lynch

Quotes are word for word from the source.

• Simple business models

  “When somebody says, "Any idiot could run this joint," that's a plus as far as I'm concerned, because sooner or later any idiot probably is going to be running it.”

  Our noteLynch explains why he prefers businesses that are easy to manage.

• Explainable business concepts

  “If you don't understand a company, if you can't explain it to a ten-year-old in 2 minutes or less, don't own it.”

  Our noteLynch discusses the importance of understanding your investments during an interview.

• Long term growth

  “Corporate profits will be a lot higher 10 years from now. They'll be a lot higher 20 years from now. That's what you can rely on.”

  Our noteLynch shares his optimistic outlook on corporate growth and new companies.

• Efficient resource allocation

  “There's no point paying Yo-Yo Ma to play a radio.”

  Our noteLynch uses a metaphor to describe wasting talent or paying for unnecessary skills.