Peter Lynch: “Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves”


Wanted to bring back a fantastic quote from Peter Lynch during these turbulent times in the market. I recently have seen a lot of finance “influencers”, as you would call it, and YouTubers attempting to time the market. It seems reasonable to do so, especially when the market has been wiggly and volatile in the past couple of months.

But this quote from Peter Lynch is a fantastic reminder of why timing the market is obsolete. Human emotions are imperfect and trying to time the market is no better than a fool's errand. The better thing to do is to simply invest in businesses that you understand at a good price, and continue to DCA through the downturns.

Making rash decisions such as choosing to sell everything based upon some hunch that you have is probably going to get you nowhere.

Hope this helps.

-BDover


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *