Would Peter Lynch invest in Crocs?
He probably wouldn’t now, but he may have 18 months ago…
One up on Wall Street
A few years back I read Peter Lynch’s classic One up on Wall Street, which is a great book for any beginning investor (as I was) to read. Lynch is arguably one of the top ten investors of all time and his success was largely based on his ability NOT to follow the crowd and looking for opportunities where others missed them.
One of the points that Peter mentions in the book is that often times the biggest winners pop up around us (in the shopping mall, grocery store, etc.) and the smaller investor stumbles upon them before Wall Street ever takes notice. If the smaller investor buys into the winning stock before the Wall Street investors do - they are going to benefit greatly from being in early. As he mentions, Wall Street generally has […]
Original post by bob