DAILY WALL STREET WISDOM · #038
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“Investing without research is like playing stud poker and never looking at the cards.”
🇺🇸Peter Lynch
Former Manager, Fidelity Magellan Fund
WHO SAID IT
🇺🇸 Peter Lynch
Former Manager, Fidelity Magellan Fund
WHAT IT MEANS
Buying stocks based on tips, hype, or gut feelings without doing due diligence is pure gambling. The information is available to anyone willing to read annual reports and study the business.
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