Taco Bell also had many opportunities to expand throughout the United States. When he analysed the company he confirmed that its financial condition was good, and its balance sheet was strong. He invested in Taco Bell because he really liked its tacos, and he saw that the shops were always crowded. He gives many examples of companies that he discovered on his day to day life. “If you like the store, chances are you’ll love the stock” If you drink coffee every day at Starbucks, you like the coffee, you see that there are always people buying, and more and more stores are opening, Peter Lynch recommends you to analyse the company. Peter Lynch stresses the importance of looking at the companies you come across in your everyday life. This is one of the most important lessons of One up on Wall Street. Pay attention to the companies you use regularly Now I’m going to summarise the main takeaways of the book, so you understand the most important concepts. 29% annual return for 13 years, just impressive. Honestly, I think legend could fall short. 13 years later it had gone up to 14 billion.įinancial journalist Jazon Zweig described Peter Lynch as a legend, in his 2003 edition of the intelligent investor.ĭue to his investing style and his great returns, he is often compared with value investing investor Warren Buffett. When he started managing Magelland fund it had 18 million. Peter lynch performance as portfolio manager was outstanding.
28 more times, not bad, right? 🙂ĭuring these 13 years he more than doubled the return of the S&P500, making the Magellan Fund the best mutual fund in the world. If you had put 10,000 euros into the Magellan fund in 1977, by the end of 1990 you would have obtained 280,000 euros. He earned a place in Wall Street history by achieving a 29% annual return between 19 as a manager of the Magellan fund in Fidelity Investments. Both are very good books, but I prefer One up on Wall Street. He has written two books, One up on Wall Street and Beating the Street. He is a successful investor, mutual fund manager and philanthropist. Peter Lynch was born in the United States in 1944.
One up on wall street pdf download ebook how to#
In this summary I’m going to show you how to implement Peter Lynch’s investment theories, and why the individual investor has an edge over Wall Street professional investors. This gives you a simple and practical view of how to use the book’s concepts to invest in stocks. The author contrasts the ideas presented with examples of his investments in the stock market. Peter Lynch stresses that anyone is able to get better results than professional Wall Street investors, and gives you the key ideas to do so.
To date, more than one million copies have been sold. It is one of the best-selling stock investment books in history. More posts related to investing in stocks.Ask yourself how you will react if the stock market sinks.Know the story – the reasons why you buy the company.Don’t invest in companies with very high P/E.Invest in companies with low PEGY ratio.How can an individual investor beat Wall Street analysts.Pay attention to the companies you use regularly.
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