Canonical · Macro & Investing · Book excerpt
20 Golden Rules from Peter Lynch
Peter Lynch · 1989
"Amateur investors have structural advantages over Wall Street professionals — the freedom to hold five stocks instead of five hundred, to ignore quarterly performance pressure, and to research industries they actually understand — and Lynch's rules are mostly about not squandering that edge."
Your investor's edge isn't something you get from Wall Street experts. It's something you already have — as long as you don't throw it away chasing what the herd is doing.
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