Beating the Street by Peter Lynch
Peter Lynch, once the manager of the successful Fidelity Magellan Fund reveals his successful picks and share of misses for a 12 billion fund that had earned investors a 300% return during a five year period in the 1980s.
Lynch favors stocks ahead of other investment vehicles and he emphasizes on focusing on the company. His strategies involve researching corporation’s prospects, visits to firms and conducting credit checks; some of his essential acquirements before he determines the selection of a prospective stock, reminding investors that stocks are not lottery tickets
Lynch shows the individual investor that straightforward research, experience and insights can help anyone build a profitable investment portfolio
Readers can expect to learn how to improve their investment performance to that of experts, learn his methods in devising mutual fund strategies and implement his methods of picking stocks.
3 chapters explain his success at Magellan with another valuable chapter detailing these methods for picking mutual funds from the thousands available. A great deal of the book is also focused on demonstrating his research into picking the 21 stocks he recommended in January 1992 Barron’s roundtable
Peter Lynch’s successes of thirteen years as manager of the Fidelity Magellan fund, wealth of insights and experiences is delivered through business writer Rothchild’s expertise, resulting in a book that has much to offer for the interested investor.
