How To Use What You Already Know To Make Money In The Market

Well worth reading, especially for the novice and those that are thinking of or beginning touching the waters of stock trading. Peter has an established experience and very often we forget the importance of intuition and experience in the high technological world of todays Wall Street.

I enjoyed the book thoroughly. I loved the examples and honesty of the losses made as well as the profits. I also understood the concepts he wanted to push out. I was a bit worried though, that the book pushed a lot of negative vibes about how people could lose money (he's being practical) but this is not for the first time investor who wants to be bullish. The most money made is from a confident investor. This book is perhaps your second or third book you want to read and not the first. I enjoyed it and also learnt a few things that I have adopted in my own investing patterns. So far so good.

This books is awesome introduction of the stock
As a beginner of stock market I learned basic skill of pick a stock
And this book is so easy to understand without a lot technic analysis.

Simple and easy . But sadly by reading this book it make people will be more interested to have a little unrealistic dream of become rich by doing stocks. And the most stock he say is have more than 100%-1000% gain in couple years. But how many people can hold that long. And have the eyes to select right one.

Still this book can teach u a lot of market pick . If you analyses wisely and think more frequently and skeptical a little. It will be great tool help u win in the stock market.

The ideas presented in this book are considered by some outdated.
However those who make those assumptions are not really understanding the core principles of this book.
Peter Lynch goes in depth at presenting the foundations to become a great investor. No one is guaranteed to become wealthy by reading books.
Only practice can achieve results and learning from the past and through people who have been there can and will produce a better future.

Highly Recommended for all sorts of people.
Novice to Professional.

Even the professionals have to brush up on their foundations from time to time.

I enjoyed reading and learned a lot from this book. Peter Lynch discusses how he was so successful in managing his Magellan Fund and how the individual investor can do even better. Here are some key learning from this book:

1. Stay completely invested in stocks at all times. Stocks that have good fundamentals. Ride the downs of the market. (I disagree with this at certain times, like after the Internet bust and 9/11 I preferred to be in cash for months after these events and it saved me Thousands)

2. Consumers that stumble onto excellent businesses have an advantage over financial managers. However you must examine the companies financials and successful growth prospects before investing.

3. Holding great stocks for 3-4 years lead to the best returns.

4. Mr. Lynch agrees with Warren Buffet that options and futures should be outlawed. He believes in sticking with stocks due to the fact that 80=95% of option investors lose money.

5. Do the home work on the businesses underlying the stocks you own to determine whether they are still a great company. Beware of high p/E ratios they should equal annual growth prospects.

6. Do not invest in stocks with money you can not afford to lose.

7. Stick with dull companies you understand with great growth potential.

8. Pay attention for investment opportunities in your day to day life.

He also discussed different types of companies: stalwarts(Blue Chip), fast growers, slow growers, cyclicals, asset plays and turnarounds. It is vital you understand what kind of company you are investing in and the nature of stock moves for its kind.

I can not begin to do justice to this book with this short review, buy it to add another dimension to your stock trading.

(Ignore the bad reviewers of this book, they are not qualified to judge Peter Lynch, the man's record as a mutual fund manager speaks for itself and so does his book).

Peter Linch is one of the most successful portfolio manager. His book covers various fundamentals and experience of investing in stocks. I enjoyed reading this book, and understanding a amateur investor's edge over Wall Street professionals.

This is a great book for beginning investors. Peter Lynch makes this book an easy read by providing basic definitions of investing concepts such as the PE ratio or book value. He also provides good insight to buying sound companies with increasing sales and growth. I wish I could have read this book sooner before I began investing in Technology. I missed out on a lot of great companies this past year namely Abercrombie and Fitch and Krispy Kreme.

This is a good read for beginner and experienced investors because it gives you a historical perspective of the stock market and sets a good ground work for diving deeper into learning about investing. The main issue here is the fact that the book was written in 1989 which makes it somewhat irrelevant to today's market in certain instances. There is a new foreword written in the late 90s but it's still a far cry from being an in depth look at modern markets.

The good news is that most of the advice in the book is relatively timeless and can still be applied to stock analysis today. The first part of the book goes into detail about Lynch's investing career and his best and worst stock moves. The idea behind this is interesting but it didn't work for me sometimes in execution. It's quite easy to look back at an investment five years later and say this is why it was a good or bad idea in hindsight but it doesn't tell us much about what we can do to make sure we're making the right choices in the future. Still this part of the book is good because it gives you a good look at how people reacted to stock market news back in the 80s and it's quite similar to how the markets react to news now. It was interesting to read about the paranoia around stock market crashes and how expensive securities were thought to be back and how that compares to current market conditions.

The second part of the book goes into more detail on Lynch's personal investing philosophy which is relatively simple but a good start for someone new to investing. It's a relatively easy process to follow and it all makes sense and can certainly give individual investors a slight advantage over those who don't do the same type of research but for me this book was just a starting point and that's what makes it good. It's a good introduction to investing - giving historical insights to the market conditions in the 80s and 90s as well as a way for individual investors to evaluate the prospects of a stock.

I'm not sure I cared for all the analysis of Lynch's personal trades as I feel like they were cherry picked to look good or bad in hindsight but I don't see how that adds any value to the individual investors as they naturally weren't so obvious when the investments were made or Lynch wouldn't have made them. The type of 'of course stock A went down 50% because of A,B,C now that I look back on it' and 'of course stock B was a good investment and went up 5x because of D,E,F' just didn't work for me because it felt like fluff to pad the length of the book. Still, I think learning about the viewpoints others had about the market in the 90s and how it mirrors how we look at our markets now was interesting and the investing theory presented in the 2nd part of the book had value too.

This is a great, easy to read book about investing. this is one of the first books I read and I learned a lot from the book. Its geared towards beginners through so if you know a lot about investing and are actively investing, it may not be interesting to you.

Any amateur investor would do well to read this book - before entering the world of stocks. Practical advice that could in many ways be described as common sense, coupled with the experience of a professional stockbroker make this an exceptional knowledge bank and starting point for stock market amateurs. If I have taken only one think from this book it's that we invest in companies and not in the stock market! While the book is written many years ago and could do with a refresh of companies, the advise is still completely relevant. Highly recommend the read - before buying shares!

I am amazed at how uncomplicated his approach really was. Rather than a treatise on analytic techniques it is common sense combined with an open enquiring mind plus observation. Instead of a back room full of analysts use the people you are in everyday contact with as your frontline and then do your research. Whist not quite as relevant here in Australia where we don't have the scale and the same number of small startup cap stocks (excluding resource stocks) the fundamentals are the same. I also admire his honesty in declaring the number of ten baggers and more that he missed and his candid observations as to why he did.Well worth the read!

Excellent primer for how to consider investments from a qualitative perspective, rather than the number crunching quantitive perspective put forth by so many other writers. Peter Lynch demonstrates how amateur investors can have an edge on Wall Street professionals through our day-to-day interactions with businesses.

This book is still relevant and a genuinely interesting read. Lynch is highly candid and logical in his investing decisions. I would really recommend this to anyone who has a little bit of financial knowledge but is looking forward to getting started / getting better.

This book provides great insights into how to go about choosing winning stock investments, including both how to use your personal experiences as a member of society and how to analyze the business information. The analysis of the business information is kept to a simple enough level that almost anyone who is willing to put in a small amount of time can do it. The points are all illustrated with entertaining anecdotes from the author's tremendous supply of personal experiences.

Great writing (clear, concise, and thorough) & great material. Look elsewhere if you are looking to (a) time the market, (b) find the "holy grail" to investing, (c) day trade, and (d) make money fast.

But if you want clear, no non-sense material on how Peter became one of the greatest and most successful investors then read this book. The material is relevant to today (2018) and will likely continue its relevance as long as behavioral finance remains relevant. One key point that stuck with me is how nobody knows what will happen in the market and the only thing a person can do is to place the odds significantly in her favor.

Peter does a create job showing hon "smart money" and Wall Street in general (along with its news, analysts, & price targets) is all hogwash.

A must read for all investors - especially those starting out (so you can avoid blowing up your account) but equally important for intermediate to experienced investors to remind them to keep the odds in their favor (& not blow their account).

Read this and 'Laughing at Wall Street: How I Beat the Pros at Investing' (by Chris Camillo )

Digest the information and apply it in a focused and disciplined manner and you will be successful.

I am an accomplished trader with over 15 years experience. Yet I found Lynchs' book an excellent guide based on his personal history trading in the Stock market. His revelations on his successes as well as his failures, including his "dos and donts" suggestions based on personal experience serves as an excellent staring point for any one considering trading.in stocks.

A no non-sense book on stocks, investing, trading. While it seems that nowadays selling books on stocks is more profitable for these authors than actually trading stocks, this book is well worth the money.

Seems like every two bit trader from new york has written a trading book, has a trading website, and seminars and classes probably not worth half what people are paying for them.

Buy this book.