More of these chapter-by-chapter reviews can be found here. (This review is based on the Millennium Edition (2000) of One Up on Wall Street. Thought of penning down take aways from the book. Members can access the screener here, and non-members can get started here. One up on wall street by Peter Lynch Just finished reading one of the greatest books on investment One up on wall street by renowned money manager Peter Lynch. And put your entire money into it just to appear smarter. GuruFocus provides the Peter Lynch Screener tool for quickly finding companies that meet his criteria. Similarly, there is one more company called “ Shaily Engg ” which derives more than 50% of revenue from IKEA & runs the risk of a similar fate as that of RS Software.Īvoid companies where you don’t understand the business: People are more comfortable investing in something which they don’t understand. For the moment, the pessimists looked smart. They congratulated me for getting out at the right time just before the collapse of the great bull market.
I left Magellan in May, 1990, and pundits said it was a brilliant move. Example would be Kolkata based RS Software, where the company’s revenue dropped from ₹375 cr in 2015 to ₹60 cr in 2018 when its largest client Visa which contributed 90% of revenue for RS Software, terminated the contract. Its been a remarkable stretch since One Up on Wall Street hit the bookstores in 1989. Investment without research is as good as gambleĪvoid companies with major revenue company from a single client: If the primary clients walks out so does the fortune of the company. If a stock is down but the fundamentals are positive, its best to hold on or buy moreĪvoid companies that diworsify:Unrelated diversification first of all diverts management’s attention as well as stretches the acquirer’s balance sheet by the acquisition cost(mostly overpaid) or acquirer having to learn about the industry only after acquisition. Will reduce the return to some extent but also will reduce the risks significantly.Įvery company should be looked independently īuy unknown & wait for the market to notice it: Although many influential investors have said this but this strategy is fraught with risk of too much time taken for market to recognize the companies potential or change in market scenario in between, thus causing you loss of opportunity. Its better to track these companies and get in once the market starts talking about it. Example would be Eicher, Prestige, VIP Industries. Invest in company with Niche: Companies having the ability to increase sales despite increasing the pricing of the product has a lot going into its favor. This timeless advice has made One Up on Wall Street a #1 bestseller and a classic book of investment know-how.Don’t invest if might need the money in short term: In that case you need to liquidate your holding & not giving time for your investment to grow won’t reap any benefit. More than one million copies have been sold of this seminal book on investing in which legendary mutual-fund manager Peter Lynch explains the advantages that. He offers guidelines for investing in cyclical, turnaround, and fast-growing companies.Īs long as you invest for the long term, Lynch says, your portfolio can reward you. Lynch offers easy-to-follow advice for sorting out the long shots from the no-shots by reviewing a company’s financial statements and knowing which numbers really count.
A few tenbaggers will turn an average stock portfolio into a star performer. When investors get in early, they can find the “tenbaggers,” the stocks that appreciate tenfold from the initial investment.
#LYNCH ONE UP ON WALL STREET PROFESSIONAL#
By paying attention to the best ones, we can find companies in which to invest before the professional analysts discover them. From the supermarket to the workplace, we encounter products and services all day long. According to Lynch, investment opportunities are everywhere. More than one million copies have been sold of this seminal book on investing in which legendary mutual-fund manager Peter Lynch explains the advantages that average investors have over professionals and how they can use these advantages to achieve financial success.Īmerica’s most successful money manager tells how average investors can beat the pros by using what they know.