Where is Ze Moola: Peter Lynch Lyrics: Market Timing

The following notes was taken from a forum posting. If not mistaken the original writings were posted at Wallstraits.com

Lynch Lyrics
Market Timing

Distrust of stocks was the prevailing American attitude throughout the 1950s and into the 1960s, when the market tripled and then doubled again. This period of my childhood, and not the recent 1980s, was truly the greatest bull market in history, but to hear it from my uncles, you'd have thought it was the craps game behind the pool hall. Never get involved in the market, people warned. It's too risky. You'll lose all your money."

"Looking back on it, I realize there was less risk of losing all one's money in the stock market of the 1950s than at any time before or since. This taught me not only that it's difficult to predict markets, but also that small investors tend to be pessimistic and optimistic at precisely the wrong times, so it's self-defeating to try to invest in good markets and get out of bad ones."

Peter Lynch Lyrics: Investing Art & Science

Where is Ze Moola

Saturday, August 23, 2008

Peter Lynch Lyrics: Market Timing

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