Synopses & Reviews
Legendary money manager Peter Lynch explains his own strategies for investing and offers advice for how to pick stocks and mutual funds to assemble a successful investment portfolio.andlt;BRandgt;andlt;BRandgt;Develop a Winning Investment Strategyand#8212;with Expert Advice from and#8220;The Nationand#8217;s #1 Money Manager.and#8221; Peter Lynchand#8217;s and#8220;invest in what you knowand#8221; strategy has made him a household name with investors both big and small.andlt;BRandgt; andlt;BRandgt; An important key to investing, Lynch says, is to remember that stocks are not lottery tickets. Thereand#8217;s a company behind every stock and a reason companiesand#8212;and their stocksand#8212;perform the way they do. In this book, Peter Lynch shows you how you can become an expert in a company and how you can build a profitable investment portfolio, based on your own experience and insights and on straightforward do-it-yourself research.andlt;BRandgt; andlt;BRandgt; In andlt;Iandgt;Beating the Street,andlt;/Iandgt; Lynch for the first time explains how to devise a mutual fund strategy, shows his step-by-step strategies for picking stock, and describes how the individual investor can improve his or her investment performance to rival that of the experts.andlt;BRandgt; andlt;BRandgt; Thereand#8217;s no reason the individual investor canand#8217;t match wits with the experts, and this book will show you how.
Synopsis
Develop a Winning Investment Strategy -- with Expert Advice from "The Nation's #1 Money Manager"
Peter Lynch's "invest in what you know" strategy has made him a household name with investors both big and small.
An important key to investing, Lynch says, is to remember that stocks are not lottery tickets. There's a company behind every stock and a reason companies -- and their stocks -- perform the way they do. In this book, newly revised and updated for the paperback edition, Peter Lynch shows you how you can become an expert in a company and how you can build a profitable investment portfolio, based on your own experience and insights and on straightforward do-it-yourself research. There's no reason the individual investor can't match wits with the experts, and this book will show you how.
In Beating the Street, Lynch for the first time:
x Explains how to devise a mutual fund strategy
x Shows how he goes about picking stocks, step-by-step
x Describes how the individual investor can improve his or her investment performance to rival that of the experts of the investment clubs.
About the Author
During
Peter Lynch's thirteen successful years as manager of the Fidelity Magellan Fund, it was the top-ranked general equity mutual fund in the nation. One thousand dollars invested in Magellan in 1977 was worth $28,000 when he handed over the reins of Magellan on May 31, 1990.
Since his retirement from the Magellan Fund, Lynch continues as a member of the board of trustees of the Fidelity Group of funds and writes a column for Worth magazine. He lives with his wife, Carolyn, and three daughters in the suburbs of Boston and is the author of the investment classic, One Up on Wall Street.
Table of Contents
andlt;BRandgt;andlt;Bandgt;CONTENTSandlt;/Bandgt;andlt;BRandgt;andlt;BRandgt;Prefaceandlt;BRandgt;andlt;BRandgt;Preface to the Trade Paperback Editionandlt;BRandgt;andlt;BRandgt;Introduction: Escape from Bondageandlt;BRandgt;andlt;BRandgt;One: The Miracle of St. Agnesandlt;BRandgt;andlt;BRandgt;Two: The Weekend Worrierandlt;BRandgt;andlt;BRandgt;Three: A Tour of the Fund Houseandlt;BRandgt;andlt;BRandgt;Four: Managing Magellan: The Early Yearsandlt;BRandgt;andlt;BRandgt;Five: Magellan: The Middle Yearsandlt;BRandgt;andlt;BRandgt;Six: Magellan: The Later Yearsandlt;BRandgt;andlt;BRandgt;Seven: Art, Science, and Legworkandlt;BRandgt;andlt;BRandgt;Eight: Shopping for Stocks: The Retail Sectorandlt;BRandgt;andlt;BRandgt;Nine: Prospecting in Bad News: How the "Collapse" in Real Estate Led Me to Pier 1, Sunbelt Nursery, and General Hostandlt;BRandgt;andlt;BRandgt;Ten: My Close Shave at Supercutsandlt;BRandgt;andlt;BRandgt;Eleven: Blossoms in the Desert: Great Companies in Lousy Industriesandlt;BRandgt;andlt;BRandgt;Twelve: It's a Wonderful Buyandlt;BRandgt;andlt;BRandgt;Thirteen: A Closer Look at the Sandamp;Lsandlt;BRandgt;andlt;BRandgt;Fourteen: Master Limited Partnerships: A Deal with a Yieldandlt;BRandgt;andlt;BRandgt;Fifteen: The Cyclicals: What Goes Around Comes Aroundandlt;BRandgt;andlt;BRandgt;Sixteen: Nukes in Distress: CMS Energyandlt;BRandgt;andlt;BRandgt;Seventeen: Uncle Sam'a Garage Sale: Allied Capital IIandlt;BRandgt;andlt;BRandgt;Eighteen: My Fannie Mae Diaryandlt;BRandgt;andlt;BRandgt;Nineteen: Treasure in the Backyard: The Colonial Group of Mutual Fundsandlt;BRandgt;andlt;BRandgt;Twenty: The Restaurant Stocks: Putting Your Money Where Your Mouth Isandlt;BRandgt;andlt;BRandgt;Twenty-One: The Six-Month Checkupandlt;BRandgt;andlt;BRandgt;25 Golden Rulesandlt;BRandgt;andlt;BRandgt;Postscriptandlt;BRandgt;andlt;BRandgt;Index