"You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets"
- Peter Lynch
About this Quote
This quote by Peter Lynch is a tip that investing in the stock exchange is not a safe bet. It is very important to understand that there will be times when the stock market will decrease and there will be recessions. If an investor does not comprehend that these recessions are a regular part of the stock market, they will not be prepared to manage them and will refrain from doing well in the markets. It is very important to be familiar with the threats associated with purchasing the stock market and to be gotten ready for the possibility of losses. By comprehending the risks and being prepared for downturns, investors can be much better equipped to make educated choices and have a much better opportunity of success in the stock exchange.
This quote is written / told by Peter Lynch somewhere between January 19, 1944 and today. He/she was a famous Businessman from USA.
The author also have 13 other quotes.
"One has children in the expectation of dying before them. In fact, you want to make damn sure you die before them, just as you plant a tree or build a house knowing, hoping that it will outlive you. That's how the human species has done as well as it has"
"Well, I think any time you delve into this sort of religion, politics, as you well know, you're going to, you know, touch a few nerves. I wasn't - now - and this is the honest truth"
