FastSaying

Don't bottom fish

Peter Lynch

Peter Lynch

BottomFish

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When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.
— Peter Lynch
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I definitely love beaches. I love to surf. I love to fish, and I'm always in need of a suntan.
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Most of the fish at Lake Powell are structure-oriented, and they will be within 6 feet of the bottom during the evening so we are more likely to catch the fish we are after with this technique.
— Wayne Gustaveson
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We're not going to go head-to-head with them [Wal-Mart], though we do take certain categories, ... We're going to go out there and make sure the difference between us and a Wal-Mart would not be that great...We're focusing on customer service.
— Peter Lynch
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I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
— Peter Lynch
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