Ed Pratolo

“Big companies have small moves, small companies have big moves.”
― Peter Lynch, One Up On Wall Street: How To Use What You Already Know To Make Money In

“Moderately fast growers (20 to 25 percent) in nongrowth industries are ideal investments. • Look for companies with niches. • When purchasing depressed stocks in troubled companies, seek out the ones with the superior financial positions and avoid the ones with loads of bank debt. • Companies that have no debt can’t go bankrupt. • Managerial ability may be important, but it’s quite difficult to assess. Base your purchases on the company’s prospects, not on the president’s resume or speaking ability. • A lot of money can be made when a troubled company turns around. • Carefully consider the price-earnings ratio. If the stock is grossly overpriced, even if everything else goes right, you won’t make any money. • Find a story line to follow as a way of monitoring a company’s progress. • Look for companies that consistently buy back their own shares.”
― Peter Lynch, One Up On Wall Street: How To Use What You Already Know To Make Money In

“The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed.”
― Peter Lynch, One Up On Wall Street: How To Use What You Already Know To Make Money In

“Know what you own, and know why you own it”
― Peter Lynch, One Up On Wall Street: How to Use What You Already Know to Make Money in the Market