Peter Lynch | One Up On Wall Street | Full Audiobook
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- เผยแพร่เมื่อ 1 ธ.ค. 2020
- 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.
America’s most successful money manager tells how average investors can beat the pros by using what they know. According to Lynch, investment opportunities are everywhere. From the supermarket to the workplace, we encounter products and services all day long. By paying attention to the best ones, we can find companies in which to invest before the professional analysts discover them. When investors get in early, they can find the “tenbaggers,” the stocks that appreciate tenfold from the initial investment. A few tenbaggers will turn an average stock portfolio into a star performer.
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. He offers guidelines for investing in cyclical, turnaround, and fast-growing companies.
Success usually comes to those who are too busy looking for it. If you're willing to do business or become an investor then you will be rich.
How can I make more profit from stock market🤦🏾♂️?
If you're unsure about investing or need personalized guidance, consider consulting with a financial advisor or investment professional. They can provide tailored advice based on your individual needs and goals.
I would suggest holding, but there are better options like day trading
But trading gets risky and a lot of people loose funds to it.
Usually it's risky trading the stock market even as an expert but then professional advice and guidance is always the best else losses become inevitable.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
That's so true. but if i may ask, do you trade all by yourself?
I have been investing in stocks for over 10 years now and I have made a lot of money. My portfolio has grown exponentially and I can't thank stocks & TERESA JENSEN WHITE enough for such an amazing way to make money!
How can this person, TERESA JENSEN WHITE be reached please...
*TERESA JENSEN WHITE,* that's her official page name you can do a web search to get in touch with her
Wow! I just looked up this person out of curiosity and I'm super impressed with her qualifications. Thanks for sharing.
Here our some Time Stamps
Preparing to Invest Summary 29:11
Building the Story 30:17
Stock Categories 37:04
Great Company Attributes 43:19
Stocks to Avoid 52:46
Importance of Earnings 59:11
Two Minute Drill 1:04:30
Two Minute Summary 1:20:32
Some Famous Numbers 1:20:52
Growth Company Phases 1:31:09
Final Check List 1:33:11
Designing a Portfolio 1:38:08
Best Time to Buy and Sell 1:44:23
Silly Things Said 1:49:50
Long Term View 2:01:50
Impact of News Events 2:03:51
Thanks
This is Gem. 💎
Thanks.
Thank you!
Edit:
Preparing to invest summary starts around 28:14 and Building the story starts around 29:25
I'm guessing that the uploader cut out something at the beginning after you made the timestamps. All of your timestamps are probably those 53 seconds of now
👏🏼👏🏼🙏🙏🙏
@@gokhansakall l
And an actual Peter Lynch voice, wow this is gold! :)
Is this actually his voice? Because it really sounds like it
@@vishveshkrishna3000 yes it is him.
Intro
0:07 Rule #1: STOP listening to "professionals"
0:13 Any normal person can pick stocks as well as, if not better, than Wall Street "experts"
0:37 Smart money isn't so smart, and dumb money isn't so dumb
0:41 Dumb money is only dumb when it listens to the "smart" money
1:05 Ignore the hot tips and recommendations from brokerage houses
4:24 You could've bought Hanes during the first, second, or third year and still tripled your money
5:04 The Merrill Lynch analyst wouldn't notice Dunkin Donuts until its stock went from $2 to $10
5:40 Should you buy shares in EVERY business with a hot product? No!
5:48 Next you have to do research
5:57 Little known, out of favor stocks
6:06 It doesn't take much to outsmart the "smart" money which isn't always so smart
6:28 How will you react to sudden price drops?
6:35 Define your objectives and clarify your attitudes before you begin investing
6:40 You're a potential market victim if you're undecided and lack conviction
Ch. 1 - The Making of a Stock Picker
7:06 There's no such thing as a hereditary knack for picking stocks
7:39 Distrust of stocks was the prevailing attitude during the 1950s and 60s, but during that time the market tripled and doubled again
9:00 Investing in stocks is an art, not a science
9:03 People trained to rigidly quantify everything are at a disadvantage
9:49 It seemed like most of what I learned at Wharton could only help you fail in investments
10:25 I rejoined Fidelity as a Research Analyst in 1969, Director of Research in 1974, and in May 1977 I took over the Magellan Fund
10:59 I couldn't resist buying a bargain
11:43 Don't gamble. Take all your savings and buy some good stock and hold it until it goes up and then sell it
11:50 If it don't go up, don't buy it
Ch. 2 - The Wall Street Oxymorons
12:00 To the list of oxymorons, I'd add "professional investing"
12:14 70% of shares are controlled by institutions -- you're competing against oxymorons, but it's a lucky break for you!
13:56 If a stock is down but the fundamentals are still good, it's best to hold on and better to buy more!
14:12 Aggressive institutional buying caused the stock to skyrocket far beyond what the fundamentals justified
16:10 Fast-growing stocks, turn-around opportunities, and out of favor enterprises
16:15 The stocks I try to buy are the stocks traditional fund managers overlook
16:30 10-baggers come from beyond the boundaries of what's accepted in Wall Street
16:52 The stock market demands conviction as surely as it victimizes the unconvinced
Ch. 3 - Is This Gambling or What?
17:18 Investing in bonds, money markets and CDs is investing in debt and getting paid interest
17:59 Stocks have paid off about 30x better than Treasury Bills in spite of crashes, depressions, wars, and recessions
18:09 With stocks you get the company's growth on your side
19:02 Even if you buy the right stocks, if you buy at the wrong price at the wrong time, you'll suffer great losses
19:32 Stocks have been embraced as investments or dismissed as gambles in circular fashion, usually at the wrong times
19:51 Skill and dedication of the investor
20:14 You can learn which companies are likely to grow and prosper by asking a few questions
20:24 A jump in earnings can indicate the likelihood of success
20:28 Accept periodic losses and unexpected occurrences. Calamitous drops don't scare them out of the game
20:45 The stock market is not a pure science. If 7 out of my 10 stocks perform as expected, I'm delighted.
20:57 If 6 out of my 10 stocks perform well, I'm thankful. 6 out of 10 is all it takes
21:22 The stock market can be a gamble worth taking, as long as you know how to play the game
Ch. 4 - Passing the Mirror Test
21:33 If you find a stock that's a good investment, it doesn't mean you oughta own it
21:40 Look in the mirror and ask yourself 3 questions
21:46 1) Do I own a house? 2) Do I need the money? 3) Do I have the qualities that will bring me success?
22:07 Consider buying a house before you invest in stocks. It's a money-maker 99 times out of 100.
22:51 People spend months choosing their houses and only minutes choosing their stocks
23:14 Blue-chip companies are relatively predictable over 10 to 20 years, but in 2 or 3 years they stay down for 5 years
23:36 If you're an older person living on a fixed income, stay out of the stock market!
23:50 Only invest what you can afford to lose without that loss having any effect on your daily life
24:03 Qualities needed: patience, self-reliance, common sense, open mindedness, detachment, persistence, humility,
flexibility, willingness to do independent research, admit mistakes, ignore general panic, resist human nature and gut feeling
24:50 By the time the signal is received, the message may have changed.
24:55 When enough positive financial news filters down to the point investors feel confident about the short-term,
the economy is about to be hammered
25:04 Discipline yourself and stand by your stocks as long as the fundamentals haven't changed
Ch. 5 - Is This A Good Market? Please Don't Ask
26:06 You don't have to predict the stock market to make money
26:08 I've sat through some of the worst drops and I couldn't have foreseen them even if my life depended on it
26:16 Summer 1987: 1,000 point decline
26:24 I learned in graduate school that the market goes up 9% a year, but I haven't seen it go up (exactly) 9% in a year
26:59 Things are never clear until it's too late
27:19 Market crashed on October 19, 1987
27:28 People who got out of the market got fooled again because the market then went up
27:34 I don't believe in predicting markets. I believe in buying great companies, especially undervalued or underappreciated
27:43 It doesn't matter where the Dow Jones (point value) is. The current market state ought to be irrelevant
28:04 Search out profitable companies.
28:06 I've made money in lousy markets and lost money in great markets
28:11 Pick the right stocks and the market will take care of itself
28:24 Look for opportunities that haven't yet been discovered or certified by Wall Street
28:30 Invest in a house before stocks
28:39 Ignore short-term fluctuations
28:50 Predicting the economy and short-term direction of stocks is futile
29:16 Having an "edge" will help you make money in stocks
Ch. 6 - Stalking The 10-Bagger
Ty!
Thank you!
51:50 Chapter 9
1:03:33 Chapter 11:
1:13:57 Chapt12 12 Getting the Facts
1:19:57 Chapter 13: Some Famous Numbers
1:32:15 Chapter 15: The Final Checklist
1:37:50 Chapter 16
1:43:28 Chapter 17 The Best Time to Buy and Sell
Thanks
I will listen to this book over and over until I breathe this language. thank you for the content
*That's a great book for sure ! Btw you can watch similar videos on my channel sir*
Still here in 2024 listening to Lynch’s wisdom
Peter is the GOAT. His wisdom and straightforwardness have definitely made me a much more disciplined investor. Anyone who invests (in stocks) should hear what he has to say.
Thank you so much to Peter Lynch. Got hooked to his advice videos that was very funny and informative and now want to hear his book too.
love it how less than 100k watched this meanwhile Cardi B has over 1 billion views. this is america
This isn’t for entertainment and is for education, people watch Squid Games instead of Documentaries.
@@ReggSess I'd rather make enough money to do whatever I want and work harder in my youth rather than wasting my potential.
What more is that they will blame the rich for keeping them poor. Believe the lie told to them.
That is the beauty of capitalism! Zero Sum Game… their mistake is our opportunity.
Don’t be fooled that Cardi B views was probably manipulated.
This is awesome! In Peter’s own voice! Love it!
Read the book once and the second times listening to it. Always give me some insights and reinforce my investment strategy every time. Thank you so much Peter! You showed me the right way to go in my Investment.
Is that the full book?
Is the audiobook, the book itself or just lynch talking about his books content
Could you send this book for me
Excellent book on stock picking. Being one of the best fund managers of the 20th century it was informative and went into detail on all the fundamentals. Very informative. With lots of useful specifics
In my opinion this is the best book for any investor , remember why you begin investing in tough times, is time to buy market is full of possibilities how many of you long-term will become a millonaire 🙏
Beautiful is an understatement, thank you so much for your upload 🙏
May LORD bless Mr. Peter Lynch and the gentleman who uploaded it
Simply the best. Covers the fallibility of the human psyche as well
Hi Mr. Lynch,
Thank you very much for sharing your knowledge with us.
Read this back in the 90's. Made more than I lost on penny stocks. Just got back into them again.
"Most what I was learning at Wharton can only help you fail in the investment business.... "Quantitative analysis taught me that what I saw happening couldn't really be happening"
Love that!
Common sense taken to a beautiful level.
This might be the best investment book ever
Lynch sure picked a winner with DNKN ! 2012 it was $20-30. 10yrs later 2022 it is $100. That’s a 5 bagger.
Just realize that listen to Peter Lynch daily is like a dedicated follower came to his church every day for listening to his preaching and got simple core principles absorbed gradually.
On the other hand, hard to realize what the point at all
This book is a gem
Thanks Mr. Peter for this audio book.
Expert wisdom in stock market 😎
This is gold. Thanks for sharing ❤
Excellent book listen...My first audio book on the basics of the market. Thank you for the post
A must read for these times
Pure Gold
Love it, thank you very much. Peter Lynch simply the great investor.
28:31 Chapter 6 - Stalking the 10 bagger - Develop an edge.
34:16 Chapter 7
41:58 Chapter 8
50:36 Chapter 9 Stocks to Avoid
01:03:22 Chapter 11 The 2 min Drill
01:13:00 Chapter 12 Getting The Facts.
1:19:00 Chapter 13 Some Famous numbers
1:37:00 Chapter 16 Designing a Portfolio
1:43:00 Chapter 17 The best time to buy and sell
THANK U PETER LYNCH!
Thanks for posting, been listening in full the last few days. Really liking Mr. Lynch's approach. RESEARCH RESEARCH RESEARCH block out the NOISE.
The book i needed to hear
Thx for posting, great lessons here👍👍
Good use of my 2 hours. Thank you for posting
Thank you
I love 💕 Peter lynch ,a lot …. 🤝😊👍
Thanks for posting
Great saves many days of reading
Just imagine if someone with a time machine told Lynch about Tesla’s PE when he was writing this book
Well Teslas earnings yoy increase is not far of it΄s PE. EPS were 1.48 last quarter, and 0.27 the year ago quarter. That is 548% increase in a year on a quarterly basis. The PE was 400 at it΄s highs. I think Lynch would drive the car, be impressed and jump in the wagon. I know I did!
@@paouvous house price in 2008 was also high, doesn't mean it should be. Tesla is fantastic, the problem it is that the price already forwarded like 20 years of future cash flow, there is too much uncertainty for the next 5 years, can't even tell the next 20.
@@00doblecero tesla will crash and burn because there's too much hype and not enough product / innovation. You're absolutely on the nose, sir.
@@00doblecero Bahaha yeah you should sit this one out, you just don't get it
@@DangerousOne326 You sound like CNN....lmao the product is literally backlogged and earnings is about to be insane....
*1:24:40** How do I determine the amount a company's assets would be valued during bankruptcy?*
marvallous to listen
#1 period
This sharpen my game
You also didn't have instant access to your investments when this book came out
I listen to this to fall asleep, works wonders!
Works wonders in what sense? You sleep like a rock or you became successful - or both? ;)
41:54 chapter 8: The Perfect Stock. What A Deal!
Chapter 2 wall street oxymorons 12:00
Chapter 3 is this gambling or what 17:03
Chapter 4 passing the mirror test 21:30
Chapter 5 is this a good market 25:30
Valuable, for the wise.
Love this 🤑💯🗝
8:35
Preparing yourself and picking stocks
Holy fuck. The cassette swapover at the 1 hour mark 😂 kids these days would have their mind blown.
Very informative
I picked ASO ;it turned into a 4 bagger.
Excellent
Listened to this for maybe the third time now lol
The 9 of us in these comments are making smart choices
😉
💵
Hope so
Lol so true
why does the audiobook end so abruptly? Sounds like he still had more to say
I know , I thought I had touched something in my phone inadvertently & was hating myself for it .thanks
Buy the Book. So worth It
peter lynch himself HOLY
1:14:00 chapter 12
omg it's actually him!
God, i wish i could talk with him for 10 minutes.
Mr. Lynch was a great investor, and I’ve read all of his books. If I had had a billion dollars to invest back then, I’m sure I would have lost it all. He more than doubled his assets. He is and was a genius. BUT I can’t stop thinking this book would be better titled: ONCE UPON A TIME ON WALL STREET.
Doesnt make sense your title. One up on wall street actually make sense. Because peter lynch is giving you advice to get an advantage in investing, hence the "one up" part of the title
And I thought I was a dummy for not liking futures.
PE- 1:00:00
awesome
Could you not also publish an Italian version?🙏🏻
Brilliant, absolutely brilliant !
The audio is cut and ends at page 266 of the actual book if you want to continue reading
36:32 Categorisation
01:00:54
Value vs Growth Stocks picking
Is it summary or whole book?
Can someone tell me please?
Where’s the rest of it??
2:04:24 great 📖 investing
*1:32:20** Important Notes to Remember*
Where was Peter Lynch , when I was buying Nio last year
Asking myself the same question, along with draftkings!
You telling me lol I’m glad I learned that lesson now rather then later
21:29 Passing the Mirror Test
21:28 Chapter 4: Pass the Mirror Test
30:00
I checked this a long with the book, seem like Peter Lynch himself make comment along with reading or rephrase some part of each chapter, right?
Audio seems to be cut short.
"Dollas" in minus "Dollas" out, Peter Lynch knows "Dollas", oh baby ...!!!
Great listen but not sure I agree with some of his principles of not buying the hottest stocks in the hottest industries, I mean Microsoft and Tesla are still very good investments despite being extremely popular
Which edition it is
Is the book really just 2hrs on audio?
SUCCESS.
1:57:53 chapter 18
Burial Company has a Lay-Away plan…get it! Ha ha😀
Was it recorded by lynch?????
yeah that's his voice, except for the narrator between chapters lol
29:58 chapter 6: stalking for 10 baggers
1:18:30 bookmark
1:31:00
why is this for free ?
Just amazing.
Because he's not Sam Zell.
1.13.57 getting the fact
Is this his possibly the best book?
Hold you fool, just hold. The rich get richer by never having to sell
The end was cut off ...