May 30, 2021
Here is the link.
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: http://bit.ly/37xT2JR
Top 5 takeaways from One up on Wall Street:
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 Ten-bagger
12:27 5. 5 Traits of The Reversed Ten-bagger
- 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 diversification and dependency on a single customer