Analysis Of The Book Beating The Street

848 Words Dec 10th, 2015 4 Pages
Sam Kaleel
Maryville University of St. Louis

Author: Peter Lynch
Publisher: Published May 25th 1994 by Simon & Schuster
Edition/Format: eBook: Document: English: 1st ed “The book beating the street is a book published by one of the most if not the most legendary money managers ever the book talks about stocks and other forms of investments that you can utilize and make useful for your investment endeavors. The three key aspects that are addressed in his book are:
1. Get you excited to invest in stocks
2. It teaches you to invest in what want to you know
3. Teaches you to invest often and avoid psychological failures

His most famous investment principle is simply, "Invest in what you know," popularizing the economic concept of "local knowledge". Since most people in this country try to become expert in particular fields, by applying this basic motto "invest in what you know" principle helps individual investors find good lower tiered stocks.
Now Lynch uses this principle as a starting point or guide for many investors; it’s that simple. “Invest in what you know.” He has stated many of times that an individual investor is more capable of making money from stocks than a fund manager, because they’re more than capable to spot strong quality investments in their routine as brokers. Wall Street is able to see them on a major scale. In every part of his two major investment primer, Lynch has made a point of highlighting many of the investments he found when not in…
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