Beating the Street: The Best-selling Author of One Up on Wall Street Shows You how to Pick Winning Stocks and Develop a Strategy for Mutual Funds

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Simon & Schuster, 1993 - Business & Economics - 318 pages
35 Reviews
"During the thirteen years Peter Lynch was the manager of the Fidelity Magellan Fund until his retirement in 1990, Magellan was the top-ranked general equity mutual fund. An investment of $1,000 in Magellan in 1977 was worth $28,000 in 1990. Time called Lynch the nation's "#1 money manager."" "Now Peter Lynch shows investors how he puts his investing philosophy and techniques into action as he takes readers step-by-step through the process of selecting the stocks he recommended at the 1992 Barron's Roundtable. (And he describes how he followed these companies through most of the year to see how their stories unfolded and tells us whether, at the end of nine months, he recommended the reader buy, sell, or hold the stocks.)" "Lynch also examines his years at the Magellan Fund, analyzing the reasons why he outperformed all other fund managers. He discloses that it was a small number of major success stories ("10-baggers") that were the principal reason for the fund's superior record. He draws a lesson for the average investor: there are good companies looking for investors, and it takes only one or two good companies a decade to turn a portfolio from an average performer into a winner." "Finally, in what may be the most valuable section of the book, Lynch offers advice on devising a mutual-fund strategy. Not surprisingly, he believes that the key to any mutual-fund portfolio is stocks, not bonds, and he recommends a mix of growth funds, value funds, and blue-chip funds. He explains how to adjust new investments among these different types of funds." "Beating the Street also tells the wonderful story of a group of seventh graders who, following Lynch's advice to invest in what they knew, outperformed nearly every fund manager on Wall Street."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

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Review: Beating the Street

User Review  - Marco Ouden - Goodreads

Invest in What You Know and Like and Understand! “Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks as well as, if not ... Read full review

Review: Beating the Street

User Review  - Marco den Ouden - Goodreads

Invest in What You Know and Like and Understand! “Twenty years in this business convinces me that any normal person using the customary three percent of the brain can pick stocks as well as, if not ... Read full review

Contents

Preface
11
The Miracle of St Agnes
23
The Weekend Worrier
36
Copyright

15 other sections not shown

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About the author (1993)

Peter Lynch is the vice-chairman of Fidelity Management and Research. Lynch wrote "One Up on Wall Street," "Beating the Street," and "Learning to Earn," all of which are guides to investing, tracking, and reading the stock market.

JOHN ROTHCHILD wrote, with Peter Lynch, the blockbusters One Up on Wall Street, Beating the Street, and Learn to Earn. Rothchild is the sole author of The Bear Book, A Fool and His Money, and Going for Broke. A former editor of the Washington Monthly and Fortune magazine, Rothchild has written for Harper's, Rolling Stone, Esquire, and other magazines. He has appeared on the Today show, the Nightly Business Report, and CNBC.

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