Beating the Street

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The Greatest Investors: Peter Lynch | Investopedia". Investopedia. 2003-12-01 . Retrieved 2017-02-04. Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990 when it was one of the most successful mutual-funds of all time. He then became a vice chairman at Fidelity and more recently has become a prominent philanthropist particularly active in the Boston area. His books include One Up on Wall Street, Beating the Street, and Learn to Earn (all written with John Rothchild). I gave this book 3 stars as I had several difficulties in relating to the examples that were given in the book. They got to the others as follows: Wal-Mart because they were shown a videotaped segment of "Lifestyles of the Rich and Famous" that featured Wal-Mart's founder, Sam Walton, talking about how investing benefits the economy; NYNEX and Mobil because of their excellent dividends; Food Lion, Inc., because it was a well-run company with a high return on equity and also because it was featured in the same video segment that introduced them to Sam Walton. Ms. Morrissey explains: Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.

This led Lynch to create a new investment principle: Never invest in any idea you van't illustrate with a crayon! As doctors our role is based on reaction, we recommend activity and prescribe medicine, but Beat the Street focuses on preventing illnesses in the first place. As quoted in " The Wisdom of Great Investors: Insights from Some of History's Greatest Investment Minds, by Davis Advisers, p. 7Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal. Walking isn’t just a physical activity, it’s a social interaction where people can connect with the outdoors and rediscover their roots,” he said.

Mutual Fund Legend Peter Lynch Identifies His 'Three C's' Of Investing In A Rare Interview". businessinsider.com.

I'm interested to learn more about Peter Lynch's investing strategies. I'm not exactly a noob at investing (having read books like Intelligent Investor) but I also don't know about any technical analysis beyond head and shoulders. Any suggestions on which book I should read? Lynch, Peter; Rothchild, John (1994-05-25). Beating the Street (Reviseded.). Simon & Schuster. p.135. ISBN 978-0-671-89163-3.

In 1966, Lynch was hired as an intern with Fidelity Investments partly because he had been caddying for Fidelity's president, D. George Sullivan, (among others) at Brae Burn Country Club in Newton, Massachusetts. [15] [16] He initially covered the paper, chemical, and publishing industries, and when he returned after a two-year Army stint he was hired permanently in 1969. This time Lynch was charged with following the textiles, metals, mining, and chemicals industries, eventually becoming Fidelity's director of research from 1974 to 1977. [17] [18] Fidelity Magellan Fund [ edit ] It is well to consider the financial strength and debt structure to see if a few bad years would hinder the company's long-term progress. So this is one more addition to the investment philosophy by Peter Lynch one of the successful Mutual fund manager with compounded return of 29% generated for his shareholders while running Magellan fund for 13 years.Unlike his other 2 books (One up on Wall Street & Learn to Earn), I had chosen to give this book 3 stars instead due to my own inability to relate much to the examples cited in the book. Overall, it was still a relatively easy read.