Peter Lynch has not always advocated the buying troubled sector instead he clearly followed the sector which is out of favor and selected stocks which may benefit more when cycle turns favourable - this is drawn from his book.

In the same book he also advocated buying very high PE but potential stock like Body Shop starting with a small position and accumulation on dips....

Peter Lynch is a true value investor only problem is being in MF industry he has to keep buying while this limitation does not exist in the case of Mr. Buffete.

Edited by manish_okhade - 11/Sep/2011 at 10:19am

Yes, but access to management has become easier and also democratized. Almost all companies do con-calls/investor presentations and put it up on their website, you have business channels calling management and for the serious there is the opportunity to meet the management once a year in person at the AGM also brokerage reports are easier to find through the internet.

SO while Peter Lynch had an edge during his time that edge is now getting diluted with the internet.

Originally posted by subu76 Originally posted by basant Peter Lynch is an inspiration unlike Buffett he never got juicy preferential shares and has taught as much to the world about common sense investing then anyone else.   Basant Sir, while you have a point 2 other factors are also moot: 1. WB is not able to buy the kind of companies for Berkshire like the ones he buys for his personal portfolio. 2. Lynch did have access to management which aam junta don't

Yes, too much of information bombardment is also taking its toll. The thin dividing line between information and too much of it is the trigger that will enable smart people to make money because it is the smart guys who pays too much attention to too much information and is unable to decipher the relevance of each of the information that comes his way..

Originally posted by LearningToFly Basant Jee,Right. Now we have more information to take better decision. But the human psychology has remained the same since the time of tulip mania. And this authenticates the truth "The more things change, the more things remain the same". Originally posted by basant Yes, but access to management has become easier and also democratized. Almost all companies do con-calls/investor presentations and put it up on their website, you have business channels calling management and for the serious there is the opportunity to meet the management once a year in person at the AGM also brokerage reports are easier to find through the internet. SO while Peter Lynch had an edge during his time that edge is now getting diluted with the internet. Originally posted by subu76 Originally posted by basant Peter Lynch is an inspiration unlike Buffett he never got juicy preferential shares and has taught as much to the world about common sense investing then anyone else.   Basant Sir, while you have a point 2 other factors are also moot: 1. WB is not able to buy the kind of companies for Berkshire like the ones he buys for his personal portfolio. 2. Lynch did have access to management which aam junta don't

Lynch accomplished this by using very basic principles, which he was happy to share with just about anyone.
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