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In this video I will present the top 5 takeaways from One up on Wall Street, the bestselling book by legendary investor and manager of the Fidelity Magellan mutual fund, Peter Lynch.
Learn how to pick your first stocks: bit.ly/37xT2JR
Top 5 takeaways from One up on Wall Street:
00:00 Intro
0:50 1. Why the Individual Investor can Beat the Pros
03:20 2. “If You Like the Store, Chances are You’ll Love the Stock”
05:58 3. The 6 Categories of Stock Investments
09:53 4. 10 Traits of the Tenbagger
12:27 5. 5 Traits of The Reversed Tenbagger
TL;DW:
- The individual investor can beat the pros at their own game - because the game is rigged in the favor of the amateur
- Use your consumption habits and your 9-5 to identify investing opportunities in companies where you have an edge over the rest of the investing community
- All investment opportunities aren’t created equal. You can usually categorize them in one or more of the following 6: slow growers, stalwarts, fast growers, cyclicals, turnarounds and/or asset plays.
- There are general positive traits of a stock, such as a dull business, reoccurring revenues and insider buying
- And there are also general negative traits, such as diworseification and dependency on a single customer
My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there - investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties - I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process - upgrading your money-making toolbox.