Ellison recalled that he once hesitated to tell Lynch to keep a bank stock in the portfolio because he didn’t like the company’s management. Lynch listened to Ellison and replied, “But do you think the company is getting better?” When Ellison said yes, Lynch decided they should hang on to the stock.
Joined: 14/Jun/2008
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Posted: 11/Jan/2011 at 10:23pm
"More wealth has been destroyed in waiting for corrections than in corrections itself"- Peter Lynch
Fundamentalists and anticipators may have difficulties with risk control because a trade keeps looking ‘better’ the more it goes against them....Ed Seykota
hi if we calculate the CAGR return of reliance growth fund from 1996 april to 2011 april.it delivered 28.45%cagr in 15 years.this is great return
Absolutely....I think this is the fund which i used to SIP in 2007-08 (attracted by the booming market) I think it has about doubled despite the crash......not bad for such a big fat fund
Joined: 01/Jan/2006
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Posted: 11/Sep/2011 at 9:47am
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.
Originally posted by subu76
Interesting Peter Lynch video about bottom fishing
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