By John Rothchild and Peter Lynch.
One up on Wall Street highlights the importance of understanding why we buy a stock. There must be a detailed investigation of the company to justify the purchase. Fundamental analysis must support it. Peter Lynch suggests that we prepare a story with the reasons we have to buy the company.
Peter Lynch was the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990. His average annual return was 29.2%, making it the best-performing mutual fund in the world.