"You can't see the future through a rear view mirror." - Peter Lynch
"The best stock to buy may be the one you already own." - Peter Lynch
"You should not buy a stock because it's cheap but because you know a lot about it." - Peter Lynch
"An investment is simply a gamble in which you’ve managed to tilt the odds in your favor." - Peter Lynch
"Fortunes change, there is no assurance that major companies won’t become minor, and there is no such thing as a can’t-miss blue chip." - Peter Lynch
"Gambling can be separated from investing not by the type of activity but by the skill, dedication and enterprise of the participant." - Peter Lynch
"People think that things need to go from terrible to terrific before they can invest, but things only have to get to somewhat crummy for stocks to go up." - Peter Lynch
"It takes remarkable patience to hold on to a stock in a company that excites you, but which everybody else seems to ignore. You begin to think everybody else is right and you are wrong. But where fundamentals are promising, patience is rewarded." - Peter Lynch
"There is no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock or worse to buy more of it when the fundamentals are deteriorating." - Peter Lynch
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