Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990 when it was one of the most successful mutual-funds of all time.
Beating The Street Peter Lynch Free Kindle AppKindle eBooks can be read on any device with the free Kindle app.To Add to Wish List, choose from options to the left classa-button-group a-declarative a-spacing-none data-actiona-button-group roleradiogroup.
To Add to Wish List, choose from options to the left classa-button-text a-text-left rolebutton. Develop a Winning Investment Strategywith Expert Advice from The Nations 1 Money Manager. Peter Lynchs invest in what you know strategy has made him a household name with investors both big and small. An important key to investing, Lynch says, is to remember that stocks are not lottery tickets. Theres a company behind every stock and a reason companiesand their stocksperform the way they do. In this book, Peter Lynch shows you how you can become an expert in a company and how you can build a profitable investment portfolio, based on your own experience and insights and on straightforward do-it-yourself research. Beating The Street Peter Lynch How To Devise AIn Beating the Street, Lynch for the first time explains how to devise a mutual fund strategy, shows his step-by-step strategies for picking stock, and describes how the individual investor can improve his or her investment performance to rival that of the experts. Theres no reason the individual investor cant match wits with the experts, and this book will show you how. In order to navigate out of this carousel, please use your heading shortcut key to navigate to the next or previous heading. ClydeBank Finance 34 Kindle Edition CDN 7.78 Next page of related Sponsored Products Ad feedback. Beating The Street Peter Lynch Free Kindle AppsDownload one of the Free Kindle apps to start reading Kindle books on your smartphone, tablet, and computer. Although many have accused him of writing the same book twice, his second time at bat allows him to add even more clarity to his basic message. Lynch, for those unfamiliar with the pantheon of investment gods, managed Fidelitys flagship Magellan fund for more than 20 years, compounding one of the most fantastic performance records ever. Although Lynch did not invent the growth at a reasonable price (GARP) approach to buying stocks, his unique spin on it allowed him to become one of the most successful portfolio managers ever. Lynchs basic message in Beating the Street is quite Foolish--you, an individual, can actually find great stocks before Wall Street does. Using a combination of intelligence, reflection, perseverance and discipline, it is possible for the average person to uncover great investments. Although many mistakenly boil Lynch down to buy what you like, his real point of view is that products and services you use and enjoy are often provided by excellent companies. If you research these companies and find out whether or not the stock that corresponds to them is priced favorably, you have an outstanding chance at compounding market-beating returns. Although much is made of Lynchs connection to Magellan, I found the most helpful parts of the book were Lynchs lucid descriptions of various companies with superior products or services and what happened to the stock. Like little morality plays, these small dramas of stock picking are rich with useful details applicable to anyones style of portfolio management. Also, Lynchs description of how he turned his wifes IRA into a million-dollar account by focused investing in the undervalued shares of Federal National Mortgage Association (NYSE: FNM) serves as an example of how a focused portfolio of only a few stocks can create fantastic wealth. The Motley Fool, Randy Befumo.
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