July 1, 2022

Peter Lynch Biography, Age, Education, Family, Learn to Earn, Investment Philosophy, Best Books

Peter Lynch Biography

Peter Lynch is an American investor, mutual fund manager, and philanthropist, who was born on January 19, 1944 Newton, Massachusetts, U.S

As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than doubling the S&P 500 market index and making it the best performing mutual fund in the world. During his tenure, assets under management increased from $18 million to $14 billion.

Peter Lynch Age

He is 76 years old as of 2019, having been born on January 19, 1944.

Peter Lynch Height and Weight

According available source, it shows that his height and weight has not yet been updated.

Peter Lynch Education

During Lynch’s time as a sophomore at Boston College, he used his savings to buy 100 shares of Flying Tiger Airlines at US$8 per share,inorder to support his mother.

In 1965, Lynch graduated from Boston College (BC) where he had studied history, psychology and philosophy, and earned a Master of Business Administration from the Wharton School of the University of Pennsylvania in 1968.

Peter Lynch Family

In 1951, when Lynch was seven, his father was diagnosed with cancer. He died three years later, and Lynch’s mother had to work to support the family.

Peter Lynch photo

Peter Lynch Wife

Lynch married his wife, Carolyn Ann Hoff, and co founded the Lynch Foundation. They were blessed with one daughter Annie Lukowski. She died in October 2015 due to complications of leukemia at age 69.

Peter Lynch Learn to Earn

Mutual-fund superstar Peter Lynch and author John Rothchild explain the basic principles of the stock market and business in an investing guide that will enlighten and entertain anyone who is high-school age or older.

Many investors, including some with substantial portfolios, have only the sketchiest idea of how the stock market works. The reason, say Lynch and Rothchild, is that the basics of investing the fundamentals of our economic system and what they have to do with the stock market aren’t taught in school.

At a time when individuals have to make important decisions about saving for college and 401(k) retirement funds, this failure to provide a basic education in investing can have tragic consequences.

Peter Lynch Investment Philosophy

Peter Lynch has frequently been described as a “chameleon” when it comes to investment, as he tends to switch his strategy and style depending upon the situation and what he feels will work best at any given time. He was also known for his frenetic work pace and for being willing to work at any and all times of day. More broadly, Lynch made use of a set of eight fundamental principles when selecting stocks to purchase. He has distributed that checklist to younger investors and the public at various conferences and talks:

  • Know what you own.
  • It’s futile to predict the economy and interest rates.
  • You have plenty of time to identify and recognize exceptional companies.
  • Avoid long shots.
  • Good management is very important – buy good businesses.
  • 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.

Peter Lynch Best Books

  • One Up on Wall Street 1989
  • Beating the Street 1993
  • Learn to Earn 1995
  • The Church’s Story: A History of Pastoral
  • Care and Vision 2005
  • The Emergence of Numerical Weather Prediction 2006
  • Wildlife and conservation volunteering 2009
  • Scottish government and politics 2001
    Rambling Round Ireland: A Commodius
  • Vicus of Recirculation 2010
  • Minority nationalism and European integration 1996
  • Fortune Digest 1990
  • The Almanac of Scottish Politics 2001
  • Silvio: A Portrait of Silvio O. Conte 2016
  • The UGLY Advantage: Why You Look Good
  • When You Look Real 2018
  • New Haven Passenger Trains 2005
  • New Haven Railroad 2003
  • Penn Central Railroad 2004
  • Silvio: Congressman for Everyone : a Biographical Portrait of Silvio O. Conte 1997

Peter Lynch Chart

In his excellent book One Up on Wall Street, Peter Lynch, the best mutual fund manager ever, revealed a powerful charting tool that helped him to achieve a gain of 29.2% in his portfolios for 13 years. In this chart, Peter Lynch drew the stock price and the earnings per share together and aligned the value of $1 in earnings per share to $15 in stock price. He wrote in pages 164-165 of the book:

Peter Lynch Investing

Once his stellar track record running the Magellan Fund gained the widespread attention that usually follows great performance, Lynch wrote several books outlining his philosophy on investing. Only Buy What You Understand According to Lynch, our greatest stock research tools are our eyes, ears and common sense. You want to seek out companies with strong earnings growth and reasonable valuations  a strong grower with a PEG ratio of two or more has that earnings growth already built into the stock price, leaving little room for error.

Invest for the Long Run Lynch has said that Absent a lot of surprises, stocks are relatively predictable over 10-20 years. As to whether they’re going to be higher or lower in two or three years, you might as well flip a coin to decide.” It may seem surprising to hear such words from a Wall Street legend, but it serves to highlight how fully he believed in his philosophies.

If the company is strong, it will earn more and the stock will appreciate in value.Lynch coined the term Tenbagger to describe a stock that goes up in value ten-fold, or 1000%.Rule No.1 to finding a tenbagger is not selling the stock when it has gone up 40% or even 100%. Many fund managers these days look to trim or sell their winning stocks while adding to their losing positions.

Peter Lynch Beating the street

Legendary money manager Peter Lynch explains his own strategies for investing and offers advice for how to pick stocks and mutual funds to assemble a successful investment portfolio.Develop a Winning Investment Strategy with Expert Advice from “The Nation’s #1 Money Manager. Peter Lynch’s invest in what you know strategy has made him a household name with investors both big and small.

An important key to investing, Lynch says, is to remember that stocks are not lottery tickets. There’s a company behind every stock and a reason companies and their stocks perform the way they do. In this book, Peter Lynch shows you how you can become an expert in a company and how you can build a profitable investment portfolio, based on your own experience and insights and on straightforward do-it-yourself research.

In Beating the Street, Lynch for the first time explains how to devise a mutual fund strategy, shows his step-by-step strategies for picking stock, and describes how the individual investor can improve his or her investment performance to rival that of the experts. There’s no reason the individual investor can’t match wits with the experts, and this book will show you how.