User:Waonderer/sandbox3
| Author | Peter Lynch |
|---|---|
| Language | English |
| Subject | Investing |
| Published | 1988 |
| Publisher | Simon & Schuster |
| Publication place | US |
| Media type | |
| Pages | 304 |
| ISBN | 978-0743200400 |
One Up On Wall Street is a 2024 non-fictional book written by American investor and author Peter Lynch, and published by Simon & Schuster. In the book, Lynch advocates for a common-sense approach to investing. He encourages investors to focus on companies and conduct thorough research to understand the company, before making investment decisions.[1]
Synopsis
[edit]In One Up On Wall Street, Lynch outlines his investment philosophy through a series of practical insights and strategies. The book is structured into three main sections:
Preparing to Invest: Lynch discusses the mindset required for successful investing and the importance of understanding the stock market. He argues that individual investors can outperform professionals by investing in what they know and conducting their own research.
Evaluating Stocks: This section delves into the fundamentals of stock analysis, including key financial metrics such as price-to-earnings ratios and growth rates. Lynch categorizes stocks into six types—slow growers, stalwarts, fast growers, cyclicals, turnarounds, and asset plays—providing a framework for investors to assess potential investments.
Long-Term Investment Strategies: Lynch emphasizes the importance of a long-term perspective, advising against trying to time the market or engage in short-term trading. He introduces the concept of "tenbaggers," stocks that can appreciate tenfold, and outlines traits to look for in such investments.
Throughout the book, Lynch shares personal anecdotes and examples from his successful career managing the Fidelity Magellan Fund, reinforcing his belief that informed, patient investing can yield substantial rewards. Overall, One Up On Wall Street is a practical guide that empowers readers to take control of their investment journeys.
External links
[edit]- One Up On Wall Street on Goodreads
References
[edit]- ^ Schulz, Judith (2016), "Part One: Theorizing the Financial Crisis", From Wall Street to Main Street, Wiesbaden: Springer Fachmedien Wiesbaden, pp. 27–92, ISBN 978-3-658-16267-2, retrieved August 22, 2024