Peter Lynch Quotes


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



When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom. - Peter Lynch



We're not going to go head-to-head with them [Wal-Mart], though we do take certain categories... We're going to go out there and make sure the difference between us and a Wal-Mart would not be that great...We're focusing on customer service. - Peter Lynch



We're not budgeting for it to do that. We think that it is possible that into our coffers you could probably push 8 or 10 million (euros) EBITDA ...but I think it's probably not the right thing to do in this period of consolidation. - Peter Lynch



We have concluded that a sale of our Bahamian operation is in the company's best interest as we continue to sharpen our focus on successfully implementing our business plan and preparing to emerge from Chapter 11. Although the 12 stores in the Bahamas are profitable, they are not a core business for us. - Peter Lynch