More than one million copies have been sold of this seminal book on investing in which legendary mutual-fund manager Peter Lynch explains the advantages that average investors have over professionals and how they can use these advantages to achieve financial success.Īmerica’s most successful money manager tells how average investors can beat the pros by using what they know. It in no way takes anything away from the quality of the book. But I find this a minor issue as the lessons and techniques detailed in the book are general enough to apply broadly. Much has happened since then such as the dotcom bubble and the 2008 recession. The only downside of the book which I can find is that it is a bit outdated as it was written decades ago. The author also seems to have a good sense of humor (like Buffett) which makes the book joyful to read. Throughout the book he details his ideas and methods for analyzing companies and serves as a good foundation to the value oriented investors. In fact, Lynch points out this gives the average person an edge against professional investors, thus giving the book it’s title. By being aware and doing diligent homework before investing, you can find numerous “baggers” – stocks which increase by multiples over time – that can make you quite wealthy. His main premise is that individuals, such as me and you, take part in the economy and are well aware of new trends and investing opportunities. Lynch is well known for his “invest in what you know” mantra, and even though some take it as justification to invest in whatever company they simply “feel good about,” Lynch is nowhere near as reckless in his book and even warns against it. I heard about this book from various places and it seems to be highly recommended for anyone interested in investing. So if you want information on book one up on wall street epub visit now. Searching online and not getting what u want can be annoying but not on.
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