
A must read for Fundamental Investors
2 of 2 people found this review helpful.
If you haven't read this book, I am recommending you to get it now. This is one of the three best investment books in my opinion (the other two are Ben Graham's "The Intelligent Ivestors", and Philip Fisher's "Common Stocks and Uncommon Profits"). Out if these three, this one is my favorite.
Peter Lynch gives you all his experience in this book (also in his other book, "Beating the Street" which is also a good addition). All you need to know about the stock market and how to go about and reaseach all the companies. He gives practical example (from his experience) of each of the theories that he give which is what I like best. And the examples aren't outdated yet so the book is also very interesting to read.
This book inspires me to change my way of researching companies and also becoming a more active and proactive investors/shareholders (such as quesioning/talking with the management, visit and observe the business first hand, see if any analyst is covering the company). I know this soundstedious and might not be suitable strategy for everyone but at some point it makes sense to do this.
Another interesting topic Peter Lynch covers is that sometime great investment are near you (you don't have to look far). Pay more attention to the surrounding or when you go out. For example if you observe one of the retail chain store at the mall is always crowded and people keep buying their products (or the opposite), or when your spouse or kids observe some things about some product or service, that often could lead to a great investment decision.
Lastly, if you don't know who Peter Lynch is. He used to manage the Magellan fund, having average annualized return of almost 30% (which is super). So I would say that this man knows what he is talking about.
Keep the "ten bagger" coming! (which is a phrase he coined in a financial context to refer to a stock that has gone up 900% since the purchase price)
Happy Investing!
Review ID: 10000000002396008

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