Quote:
Originally Posted by jdubya
I do remember years ago reading "Beating the Street" by Peter Lynch and if memory serves, he showed a group of 10 year olds picking stocks that beat the "Street" lol.....
I`m not mocking anyone but that part of his book resonated with me.
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Peter Lynch had a very simple yet very confusing (for some) approach. "Invest in what you know". Pier 1 Imports was an example he loved to use. You go to Pier 1 and you see it's packed. "Hmmm, perhaps I should buy this stock. They seem to be doing a lot of business".