Forum Topics Peter Lynch
CanadianAussie
3 years ago

A friend shared the following lecture Peter Lynch gave in 1997 at an investing conference. It's a great watch.


Peter Lynch Lecture On The Stock Market 1997

https://www.youtube.com/watch?v=myu4Nv0pt0U


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Nnyck777
3 years ago

Thanks Trevor for the share. It was good to watch this again. Peter Lynch is certainly an entertaining presenter.

What I like:

Peter's opening timeless adage for investors

  • Know your company
  • Know your company
  • Know your company


Diversification is crap: A reminder that holding 100% of a wonderful company is better than having this dragged down by 9 other under performers (ha ha - I can imagine his take on ETFs). A good reminder too given the group chat around portfolio sizing and selling. I was actually thinking about my Pointerra position - I am embarrassingly overweight in this stock. However I think it is a great company so I can 'justify' my position to myself -I am taking the "Peter Lynch" approach:)

There is always something to worry about - "your stomach is the major organ you need to invest in the stock market" - so, so true.

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