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Peter Lynch: Outperform the Market By This Simple Strategy
I've tried to follow his advice since his book, what 20 years ago? It includes doing your homework as mentioned above, but it goes further. He posited in his book that each and every person has some bit of knowledge that can be exploited in the market. Listen, hear, watch, study, and most importantly ACT. You don't have to bet the mortgage but ACT. Do something positive on your little bit of data.
and so it goes,
peace and keep wearing the damn mask,
@rono has it right.
Lynch was always big on the concept of keying off something you personally knew a lot about. Used to cite his wife’s judgement re fashion trends as an example. So, more accurately, one might key off some new trend in fashion (ie personal accessories, gym attire, shoes) you are very familiar with and than do the grub work of trying to figure out which of its manufacturers / sellers / product lines will grow and succeed - and which won’t.