Beating the Street

Product Information

At the end of the tape, the entire seventh-grade portfolio department repeated the following maxims in unison. This is a chorus that we should all memorize and repeat in the shower, to save ourselves from making future mistakes:

About Carolyn and Peter Lynch". Boston, Massachusetts, USA: Boston College Lynch School of Education and Human Development. October 29, 2015 . Retrieved July 6, 2020. Lynch married Carolyn Ann Hoff and cofounded the Lynch Foundation. [36] They had three daughters. His wife died in October 2015 due to complications of leukemia at age 69. [37] Wealth and philanthropy [ edit ] Schoenberger, Chana R. (7 December 2015). "Peter Lynch, 25 Years Later: It's Not Just 'Invest in What You Know' ". Wall Street Journal. wsj.com. Walking isn’t just a physical activity, it’s a social interaction where people can connect with the outdoors and rediscover their roots,” he said.The writing style is very personable, and I like how most of the book could probably be understood by a fifth grader. But that is not to say the book is too simplistic. Later chapters go into more detail with the financial metrics Peter looks for in a company - something that both amateurs and professional investors could find insightful. Beat the Street has been amazing for us as a family as it has got us out of the house being active together. With my disabled children, it’s not always easy to find something we can all do together In 1965, Lynch graduated from Boston College (BC) where he studied history, psychology, and philosophy. He later earned a Master of Business Administration from the Wharton School of the University of Pennsylvania in 1968. [14] Investment career [ edit ] Fidelity [ edit ] GARP, PEGS and Peter Lynch". The Guru Investor. 18 September 2009. Archived from the original on 5 March 2016 . Retrieved 26 December 2014. Overall, really easy to read, enjoyable book to understand the thinking of a brilliant investor like Peter Lynch.

This led Lynch to create a new investment principle: Never invest in any idea you van't illustrate with a crayon! Prizes are on offer for the best performing groups in specific categories and Dr William Bird, the brains behind Beat the Street, believes his game helps get a whole town active. Annual Report of Lemma Senbet Fund" (PDF). College Park, Maryland, USA: University of Maryland. May 2, 2017. Archived from the original (PDF) on March 27, 2018 . Retrieved September 11, 2018. What you should look at is his methodology of gaining information and researching companies. His excitement is meant to get you excited.Lynch, Peter (2000-04-03). One Up On Wall Street: How To Use What You Already Know To Make Money In The Market (2nded.). New York: Simon & Schuster. p.42. ISBN 978-0-7432-0040-0. The Greatest Investors: Peter Lynch | Investopedia". Investopedia. 2003-12-01 . Retrieved 2017-02-04. Lynch received the 1992 Seton Award from the National Catholic Education Association. [45] See also [ edit ] Lynch has also argued against market timing, stating: "Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in the corrections themselves." [29]

Peter Lynch also goes into writing about his time at managing Magellan through the years. In the latter part of the book, he describes how he goes about finding winners in the different sectors of the market aka "walking the talk". More than 850,000 people have taken part in the game in the last five years, with findings showing that participants increased their weekly walking by 180 minutes a week and their overall levels of physical activity by 335 minutes per week in the six months after playing the game. Peters sixteenth principle – In business, competition is never as healthy as total domination: Peter has flirted with a lot of good businesses in bad industries, or “flowers in the desert”, as he categorizes them. The problem with good industries are that they attract competition. These new market participants crave a piece of the action, which is why they undercut prices and create price pressure. Peter’s binoculars are thus directed at terrible industries. Next, he attempts to find the ‘winner’ in said industries – those with the highest margins and lowest costs, hence enabling them to ride-out cyclical waves while the competitors throw in the towel. Once the industry betters once gain, the surviving businesses are ready to gain the now dead companies’ market shares. The game sees individuals, or teams – often schools and families – use a card to tap into ‘Beat Boxes’ located on lampposts all across town and this expansion will support more than 655,000 people to get active.With one in four people in England doing less than 30 minutes of physical activity a week, classing them as inactive, and 80% of primary school children not getting their recommended 60 minutes of activity a day, we are committed to transforming the health of the nation. Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990 when it was one of the most successful mutual-funds of all time. He then became a vice chairman at Fidelity and more recently has become a prominent philanthropist particularly active in the Boston area. His books include One Up on Wall Street, Beating the Street, and Learn to Earn (all written with John Rothchild). Lynch also wrote a series of investment articles for Worth magazine that expand on many of the concepts and companies mentioned in the books. AJCU: Peter Lynch". AJCU. Archived from the original on 26 December 2014 . Retrieved 15 October 2013.