I love books on investing, and find them to be the best possible investment. For just a few bucks, you can get the synthesized knowledge of the most successful investors. On top of that, many also discuss their mistakes, which are an even more valuable source of learning.
So with that, today I’ll the list the books on my list that I think every investor or trader should read alongside a short commentary. More →
Introduction
Peter Lynch was the investment manager of the Magellan Fund at Fidelity Investments from 1977 to 1990 where he averaged a 29.2% yearly return. $1,000 invested became $28,000 after just 13 years.
He is also famous for his investment books One Up on Wall Street, Learn to Earn and Beating the Street, and for coining new mantras like “invest in what you know” and “ten bagger.” A ten bagger is when you make ten times your initial investment on a stock. This article is going to compare what Peter Lynch did, how it’s different than current investing trends and if the current market situation enables such returns. More →