Peter Lynch is a legendary investor whose investment record remains unmatched. He managed Fidelity’s Magellan Fund and stacked up annual returns in excess of 29 percent per annum from 1977 to 1990.
The term tenbagger was coined by Lynch. One Up On Wall Street is his most famous book. His other book — Beating the Street — is equally useful and worth reading several times. In this book, Lynch talks about 21 investing principles. He calls those principles as Peter’s Principles.
This is the Part-1 of the Peter’s Principles series.
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