Oil/Gas companies, Drug companies and Toilet Paper companies are the new big 3 in the quest to find a company with cash flow...
Hunting companies with earnings may become more difficult as more head toward the exit doors than grow revenue...
Mr. Lynch did very well in a more stable business environment...
Also was in the right place at the right time...
Greatest period of movement by the average investors buying into Mutual Funds started occuring when his name was moving into the limelight much more...
Its a lot different environment now than any of us have ever witnessed, IMO...LJ