One up on wall street pdf peter lynch

These companies have a hidden asset that the market has not fully valued: they can be TV rights, real estate, a tax credit that allows you not to pay taxes in the future, game royalties. In general, the companies to avoid are the hottest stocks in the market, those stocks that Wall Street analysts talk about, and in the industry where there is the most growth.

This chapter is probably one of the most interesting of the book. Lynch makes a particular emphasis on earnings, of course. Companies are worth what they earn; if they earn more in the future than expected, they should be worth more. Lynch makes a hilarious comparison between a stock and how we would value a human being: everything a person owns golf clubs, a car, a house, etc. Near the end of the book, Peter Lynch ends with some conclusions and final tips for anyone who wants to embark on the adventure of buying individual stocks:.

But if you are beginning your path in finance, then I think this book is an excellent first step. While some of the tips and strategies Lynch shares have become outdated over the years, it is still an excellent read written in clear, easy-to-understand language.

This is a lovely book written by a very polite and engaging character, full of beautiful anecdotes and sound advice. It has a place in my top twenty investment books. Download Now. Save my name, email, and website in this browser for the next time I comment. Sign in. Password recovery. Recover your password. Forgot your password? Get help. Please enter your comment! Thought of penning down take aways from the book. I would start with stating that the book is a great example of common sense approach to investing.

Published in November 30th the book become immediate popular and critical acclaim in economics, finance books. The book has been awarded with Booker Prize, Edgar Awards and many others. One of the Best Works of Peter Lynch.