Peter Lynch Lyrics: Fixation on Stock Prices is useless
Tuesday, August 26, 2008
The following notes was taken from a forum posting. If not mistaken the original writings were posted at Wallstraits.com
Lynch Lyrics
Fixation on Stock Prices is useless
"To my mind, the stock price is the least useful information you can track, and it's the most widely tracked. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction."
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