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81 " share of stock is not a lottery ticket. It’s part ownership of a business. "
― Peter Lynch , One Up On Wall Street: How to Use What You Already Know to Make Money in the Market
82 " Although it’s easy to forget sometimes, a share of stock is not a lottery ticket. It’s part ownership of a business. "
83 " A person who owns property and has a stake in the enterprise is likely to work harder and feel happier and do a better job than a person who doesn't. "
― Peter Lynch , Learn to Earn: A Beginner's Guide to the Basics of Investing and Business
84 " They worked out a new deal between another group of investors (headed by John Peirce) and the Plymouth Company, which owned the land. "
85 " If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings. "
86 " Ultimately it is not the stock market nor even the companies themselves that determine an investor's fate. It is the investor. "
87 " Only invest what you could afford to lose without that loss having any effect on your daily life in forseable future. "
88 " By the way, the odds against making a living in the day-trading business are about the same as the odds against making a living at racetracks, blackjack tables, or video poker. "
89 " Houses, like stocks, are most likely to be profitable when they’re held for a long period of time. Unlike stocks, houses are likely to be owned by the same person for a number of years—seven, I think, is the average. Compare this to the "
90 " In dieting and in stocks, it is the gut and not the head that determines the results. "
― Peter Lynch , Beating the Street
91 " The great joke is that the next time is never like the last time, and yet we can’t help readying ourselves for it anyway. This all reminds me of the Mayan conception of the universe. "
92 " In other words, I continue to think like an amateur as frequently as possible. GOING IT ALONE "
93 " The offspring of immigrant factory workers had a chance to go to college and become doctors, lawyers, executives, and even owners of the very companies where their parents and grandparents worked long hours for low pay. "
94 " You can play the alphabet game, A to Z, naming a public company for each letter. "
95 " First, you find the “market capitalization” (“market cap” for short) by multiplying the number of shares outstanding (let’s say 100 million) by the current stock price (let’s say $100 a share). One hundred million times $100 equals $10 billion, so that’s the market cap for DotCom.com. "
96 " One reason bonds are so popular is that elderly people have most of the money in this country, and elderly people tend to live off interest. "
97 " In fact, most great investors I know (Warren Buffett, for starters) are technophobes. They don’t own what they don’t understand, and neither do I. "
98 " Debt is saving in reverse. The more it builds up, the worse off you are. "
99 " The old Wall Street adage "never invest in anything that eats or needs repairs" may apply to racehorses, but it's mlarkey when it comes to houses. "
100 " To my mind, the stock price is the least useful information you can track, and it’s the most widely tracked. "