DAILY WALL STREET WISDOM · #032
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“Know what you own, and know why you own it.”
🇺🇸Peter Lynch
Former Manager, Fidelity Magellan Fund
WHO SAID IT
🇺🇸 Peter Lynch
Former Manager, Fidelity Magellan Fund
WHAT IT MEANS
Every position in your portfolio should have a clear thesis you can articulate. If you can't explain in a few sentences why you own a stock, you're gambling, not investing.
fundamentals