An In-Depth Look at "One Up On Wall Street"
Dr Alex Koh Dec 24, 2023Peter Lynch's "One Up On Wall Street" empowers everyday investors, advocating for investing in what you know. He classifies companies into six categories: Slow Growers, Stalwarts, Fast Growers, Cyclicals, Turnarounds, and Asset Plays. Lynch emphasizes long-term investing, learning from market fluctuations, and utilizing personal experience for investment decisions. The book underlines that successful investing is about patience, basic understanding, and common sense, not just advanced financial models or trends. Lynch's philosophy is about knowing what you own and why you own it.