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Re: A deleted message

Wednesday, 04/11/2012 8:21:19 PM

Wednesday, April 11, 2012 8:21:19 PM

Post# of 8799
Not sure what "Peter Lynch" you're referring to, but the real one only invested in real companies, not non-reporting pinkies.

Apart from this punishing work ethic, Lynch did consistently apply a set of eight fundamental principles to his stock selection process. According to an article by Kaushal Majmudar, a CFA at The Ridgewood Group, Lynch shares his checklist with the audience at an investment conference in New York in 2005:
Know what you own.
It's futile to predict the economy and interest rates.
You have plenty of time to identify and recognize exceptional companies.
Avoid long shots.
Good management is very important - buy good businesses.
Be flexible and humble, and learn from mistakes.

Before you make a purchase, you should be able to explain why you're buying.
There's always something to worry about.

Read more: http://www.investopedia.com/university/greatest/peterlynch.asp#ixzz1rmTY3k42

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