Know what you own, and know why you own it.
About this quote
- Attributed to
- Peter Lynch
- Attribution status
- As published
Photo: Diliff · CC BY 3.0 · source
What would patience look like in your portfolio this month?
Review one recurring expense and decide to keep, cut or renegotiate it.
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More from Peter Lynch & related wisdom
The investor's primary interest lies in acquiring and holding suitable securities at suitable prices.

Credit means that a certain confidence is given, and a certain trust reposed. Is that trust justified? and is that confidence wise? These are the cardinal questions. To put it more simply credit is a set of promises to pay; will those promises be kept?

There will continue to be wide discrepancies between price and value in the marketplace, and those who read their Graham and Dodd will continue to prosper.
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.

