This is the Part-2 of the Peter’s Principles series. To read Part-1 click here.
Peter Lynch managed Fidelity’s Magellan Fund from 1977 to 1990 and stacked up a CAGR of 29.2%. “Invest in what you know” is Lynch’s mantra and he is of the opinion that individual investors have the edge over the fund managers, because they can spot good investments in their day-to-day lives before any Wall Street analyst.
In the previous post, I wrote about the first seven principles. In this, I’ll skip the 8, 9 and 10th because I feel they may not be very relevant today. So let’s jump to principle number 11.
Benefits to VIA Members
- Spotlight: Big ideas from Value Investing and why applying them in your investment decision making will be a great deal
- InvestorInsights: Interviews with experienced value investors, learners, and deep thinkers
- StockTalk: Thorough analysis of business models of companies (without any recommendations)
- Behaviouronomics: Deep analysis of human behaviour and how it impacts investment decision making
- BookWorm: Reviews of the best books on Value Investing and related subjects
- Free Course – Financial Statement Analysis for Smart People (otherwise priced at Rs 5,900)
- Archives: Instant access to our huge archive from the past three years