Peter Lynch, legendary investor and former manager of Fidelity's Magellan Fund, continues to inspire investors with his timeless principles.
What Happened:Lynch, who achieved a remarkable 29% compound annual return during the 1980s, shared key investment lessons in a 1997 speech that remain relevant today. His insights are a roadmap for navigating market fluctuations and identifying opportunities.
Lynch has emphasized that stock prices can defy expectations. Stocks can always go higher, he explained, particularly if the fundamentals of the underlying business are solid.
He warned against selling a rising stock purely because it seems overvalued, though he acknowledged the risks of inflated...
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