2 years, 5 months ago
4 key investing lessons from legendary investor Peter Lynch
Live MintPeter Lynch is not just another average investor from your neighbourhood. This former manager of Fidelity Magellan Fund who raked in nearly 20 per cent year-on-year returns for his investors from 1977 to 1990 went on to create America’s largest mutual fund worth $13 billion. Don’t let fear override your insight New investors on the block have an innate tendency to feel concerned with every news piece affecting their stock selection decision. Too much concern about stocks is synonymous with first-time investing, which is soon replaced with complacency as you get used to the frequent ups and downs in the market. Investors feel afraid and lose out on the opportunity to buy stocks of fundamentally sound companies at bargain prices.
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