You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
More Quotes from Peter Lynch:
The only thing that we're going to say is that our client has been arraigned. We've continued a not-guilty plea as we have all along. We intend to vigorously defend this case and we will see you at trial.Peter Lynch
Improved turnout will give parliament and government the appearance of being more legitimate.
Peter Lynch
We have concluded that a sale of our Bahamian operation is in the company's best interest as we continue to sharpen our focus on successfully implementing our business plan and preparing to emerge from Chapter 11. Although the 12 stores in the Bahamas are profitable, they are not a core business for us.
Peter Lynch
I spend about 15 minutes a year on economic analysis. The way you lose money in the stock market is to start off with an economic picture. I also spend 15 minutes a year on where the stock market is going.
Peter Lynch
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
Peter Lynch
Readers Who Like This Quotation Also Like:
Based on Keywords: declines, recessionsI believe in education and wish I had a better one.
Loretta Lynn
At this time I had complete confidence in Russian policy and believed that the Western Allies deliberately allowed Germany and Russia to fight each other to death.
Klaus Fuchs
Nothing is more gratifying to the mind of man than power or dominion.
Joseph Addison