9 Secrets of Peter Lynch to Make You Millionaire

Peter Lynch is a man who has shown a new vision to the find managers that how a systematic approach can help them achieve quality returns for their investors.

He is a man credited with the fact that had you invested $37,000 with him in 1977, you were a millionaire in 1990.

Peter Lynch Track Record

• He ran Fidelity's Magellan Fund from 1977 to 1990.
• He beat S&P 500 in all but two of those years.
• He averaged annual returns of 29%.

Peter Lynch Secrets Recipes

• Know what you own.
• It's futile to predict the economy and interest rates (so don't waste time trying).
• Do not try to time the market.
• You have plenty of time to identify and recognize exceptional companies.
• Use companies with proven track records as your baseline.
• Good management is very important; good businesses matter more.
• Be flexible and humble, and learn from mistakes.
• Before you make a purchase, you should be able to explain why you're buying.
• There's always something to worry about; so do not panic as world will be able to bear it like world has survived the Great Depression, two world wars, an oil crisis, and double-digit inflation.

At Indian Share Tips we apply Peter Lynch philosophy and look for short term stocks which perform and all those looking for intraday can go for hot stock of the day.