Feb 20 2008
Another Tips to Investing in Stock Market
Peter Lynch is a true legend on Wall Street during the 13 years in managing the Fidelity Magellan Fund, managed to beat every year by far the indexes and other investment funds. Lynch began to successfully manage the Magellan when he was still an unknown substance and ended successfully managed a creature who had become the largest investment fund size of its time during those 13 years getting a return of 30% per annum. In his book Beating the Street do a free translation of some of his golden rules:
- Investing is fun, exciting and dangerous if you do not do their homework.
- Behind every action there is one. Learn to be dedicated.
- Often there is no correlation between success and performance of a company and changing its price in the following months or even years. But long term, the correlation between the performance of a company and its price is 100%. Is market failure is the key to making money. Reward to be patient and buy shares in successful companies. Continue Reading »
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