Why Peter Lynch Would Love Genuine Parts
There are worse things an investor could do than pick stocks Peter Lynch would love. Lynch was one of the greatest money managers of all time, taking Fidelity Magellan from $20 million to $13 billion in 13 years and averaging 29% annual returns over that period.
He published two books that laid out his investing philosophy, One Up on Wall Street and Beating the Street, which gave the average investor the tools he used to rack up his awe-inspiring returns. What they bared was that there was no arcane secret behind Lynch's success; it is rather something anyone can achieve.
In short, it comes down to three simple principles:
Source Fool.com
