Peter Lynch is one of the best investors in the world. In 13 years, he turned $18 million into over $14 billion. A return of 29.3% (!) per year. Let’s teach you some key lessons from this amazing investor.
Who is Peter Lynch?Peter Lynch is one of the greatest investors ever. People call him “the chameleon of investing”. Why? Because he never followed just one strategy. Instead, he matched different strategies to different markets. Born in 1944 in Massachusetts, Lynch got interested in stocks early. As a teenager, he worked as a caddie at a golf club and heard investors talk about investing all day. That’s where it all started for him. Peter Lynch studied at Boston College and earned his MBA from Wharton. He is famous for popularizing the PEG ratio. He also wrote “One Up on Wall Street,” one of the best investing books ever. Lynch joined Fidelity in 1969. By 1977, he was running the Magellan Fund. Over the next 13 years, he turned it into the biggest mutual fund in the world. His style was different from most legendary investors. Instead of owning just a few stocks, he held hundreds at the same time. Lynch retired in 1990, but his ideas still strongly influence investors today. In this 23-page PDF document, you can learn more about his investment strategy. It’s pure gold: |