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More famous than Warren Buffett in decades past, Peter Lynch of Fidelity says it’s still all about investing in what you know
Yahoo Finance·2025-10-03 21:32

Lynch, remaining in reflective mode, talked about something else he has been quoted as having said: that investors have lost far more money preparing for corrections or trying to anticipate corrections than in actual corrections. Similarly, in the economy, everyone, including the experts, is often wrong — for instance, two years back, in widely forecasting a recession in 2024 . “I think,” Lynch joked, “economists have predicted 33 of the last 11 recessions.”“Play the market is not what you do. You buy good ...