Regular price: $9.27
Buy Now with 1 Credit
Buy Now for $9.27
What about Peter Lynch’s performance did you like?
Peter Lynch was very understandable and clear in what he read. I enjoyed listening to this audiobook and had no trouble understanding what he said.
What’s an idea from the book that you will remember?
The opening story example was one I will remember on the differences on how to see your financial choices, what one should invest in and what is something that shouldn't be worried about. It helped me see that it is possible to save the money up to invest if you look at it at the right angle.
Any additional comments?
I felt this was a good eye opener and will help me on my start into my road to investing. One should not just take this book then jump into the market, but it will help you get started on the questions you should use to research and learn more about. My next steps are of course, learning all the different types of investing and which funds I may be more interested in investing with, be it mutual funds or index. There are so many choices and this at least puts many of them on my radar and helped me know what I need to know more about.
2 of 2 people found this review helpful
didn't care for this one very much one sided single opinion. had to be this way
This is an excellent start at looking at the basics of investing in the stock-market. Using simple analogies Peter Lynch shows why investing in stocks in the long run is an excellent way to become financially free.
The terms that are used in the financial market and financial publications such as bear markets, bull markets, P/E ratios etc are extremely well explained. Lynch also gives example of what happens in a general sense when there is a readjustment in the market or when a company gets bad news and stock prices fall. By using real examples to show how long term investments can accumulate and pay dividends to the investor if chosen well and held over the long term.
The basic theory of this book is a simple and similar in theory to many books written on Warren Buffett in fact many of the example written about in this book are stocks that Buffet has made a lot of money on. The theory is to buy when others are selling for the simple reason that excellent companies will always survive down turns in the economy and great companies still make large profits during times of uncertainty... even in the recession people drink Coke. If you are investing for the long term this certainly the way forward because as a individual trying to predict the hot stocks there is just too much risk.
The book however doesn't go into the picking of stocks in much detail, it is merely a starting point to look from. If you are looking for a book with more insight into what to look for in a stock price or a P/E ratio then I think that the next stage after this book would be "The New Buffettology" by Mary Buffett. This book goes into the aspects brought up by Peter Lynch in deeper context. With these two books under your belt I would suggest "The intelligent Investor" by Benjamin Graham, Warren Buffett's first mentor.
In conclusion I would highly recommend this book to anyone interested in investing.
7 of 7 people found this review helpful
Why did Lynch take break? Wish his family understand I know this because I've read Beating The Sreet.
1 of 1 people found this review helpful