Post by account_disabled on Mar 12, 2024 1:33:05 GMT -5
The take the company you are interested in on a pencil. While Peter does believe that the average retail investor can find future winner stocks around him he does explain that his point is often misunderstood. Just because you notice an interesting company is not a reason to buy it. This is a reason to take a closer look at it evaluate its attractiveness because it is necessary to take into account other factors besides a good product. For example prospects for expansion and growth. Invest in what you understand One of Peters fundamental principles is to invest in what you understand.
Moreover the simpler the business the better he gives preference to companies whose business Brazil Mobile Number List he understands and does not like complex businesses. He describes his ideal stock as a company that any fool could manage. As he says it is possible that the leader will actually be a fool. Judging by the book Peter has a great sense of humor Or so does his editor. Peter Lynchs recipe for the perfect promotion boring name boring or better yet repulsive business. For example who on Wall Street will pay attention to the shares of Denis Kravtsovs.
Dirty Car Parts Washing Company until they begin to show incredible growth And a private investor can pay attention because this is where he takes his car because they have amazing service. There are other criteria for an ideal stock. For example rumors about involvement in toxic waste or the mafia. Or a depressing impression. Or a nongrowing industry. Etc. Finally at the end of the chapter The Ideal Stock Peter gives an example of his personal ideal stock a company engaged in the boring business of removing mold from furniture fabrics and rare books. Returning to the principle of simplicity in business Peter admits that it has caused him to miss out on many opportunities to make money. For example he is not.
Moreover the simpler the business the better he gives preference to companies whose business Brazil Mobile Number List he understands and does not like complex businesses. He describes his ideal stock as a company that any fool could manage. As he says it is possible that the leader will actually be a fool. Judging by the book Peter has a great sense of humor Or so does his editor. Peter Lynchs recipe for the perfect promotion boring name boring or better yet repulsive business. For example who on Wall Street will pay attention to the shares of Denis Kravtsovs.
Dirty Car Parts Washing Company until they begin to show incredible growth And a private investor can pay attention because this is where he takes his car because they have amazing service. There are other criteria for an ideal stock. For example rumors about involvement in toxic waste or the mafia. Or a depressing impression. Or a nongrowing industry. Etc. Finally at the end of the chapter The Ideal Stock Peter gives an example of his personal ideal stock a company engaged in the boring business of removing mold from furniture fabrics and rare books. Returning to the principle of simplicity in business Peter admits that it has caused him to miss out on many opportunities to make money. For example he is not.