Peter Lynch is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world. During his 13-year tenure, assets under management increased from USD 18 million to USD 14 billion. In this video, he shares 10 mistakes every investor makes:
It can’t go lower
How high can it be?
They always come back
How much can I lose?
Darkest before dawn
I will sell after rebound
I own conservative stocks
Money lost because of not buying
I must be right or I am wrong
Avoid long shot
Do see this video to understand more on these investing mistakes