Peter Lynch, by managing the Magellan Fund, achieved a 29.2% annual compounded return in dollar terms and grew the fund from $18 million to $14 billion. Here are 10 Investment Lessons from his own words: 1- Don't Buy What You Don't Know Peter Lynch states that you must know very well the reason you are buying a stock. He always says: "If you can't explain to an 11-year-old in less than 2 minutes why you own a stock, you shouldn't buy that stock." 2- Don't Try to Predict the Economy According ...

Peter Lynch, by managing the Magellan Fund, achieved a 29.2% annual compounded return in dollar terms and grew the fund from $18 million to $14 billion. Here are 10 Investment Lessons from his own words: 1- Don't Buy What You Don't Know Peter Lynch states that you must know very well the reason you are buying a stock. He always says: "If you can't explain to an 11-year-old in less than 2 minutes why you own a stock, you shouldn't buy that stock." 2- Don't Try to Predict the Economy According ...