Tajuk : A Wall Street legend explains why it ‘disturbs’ him when people tell him they ‘play the market’
link : A Wall Street legend explains why it ‘disturbs’ him when people tell him they ‘play the market’
A Wall Street legend explains why it ‘disturbs’ him when people tell him they ‘play the market’
“Playing the markets” is a common idiom on Wall Street.
But Peter Lynch, a mutual fund legend, is no fan of the expression.
For 13 years, from 1977 to 1990, Peter Lynch headed the Magellan Fund of Fidelity, the Boston-based multinational financial services corporation. He retired in 1990 at the top of his game and is often considered one of the best stock pickers to ever run a mutual fund.
According to Investopedia, Lynch beat the S&P benchmark in 11 out of the 13 year during which he managed the Magellan Fund, “achieving an annual average return of 29%.” When he was running the fund, 1 in every 100 Americans was invested in it, he told The Wall Street Journal.
In an interview with Institutional Investor’s Kip McDaniel, Lynch explained why he is disturbed when people tell him they ‘play the market’ or are ‘looking to play the market.’
“Play is the wrong verb for the stock market, this is work,” he said.”It can be fun work.”
“You don’t get a tip on the bus and buy for $10,000 some stock,” he added.”You’ve got to do some research if you’re buying a stock whether you are an ammeter or a professional.”
Lynch said this sort of “gambling” or “playing the markets” is widespread.
“You have to separate investing versus gambling,” he said. “And a lot of people are gambling and that doesn’t work.”
Watch the full interview »
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan untuk meneruskan bacaan di laman asal sila klik link atau copy paste ke web server : http://ift.tt/2qsMGcS
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
“Playing the markets” is a common idiom on Wall Street.
But Peter Lynch, a mutual fund legend, is no fan of the expression.
For 13 years, from 1977 to 1990, Peter Lynch headed the Magellan Fund of Fidelity, the Boston-based multinational financial services corporation. He retired in 1990 at the top of his game and is often considered one of the best stock pickers to ever run a mutual fund.
According to Investopedia, Lynch beat the S&P benchmark in 11 out of the 13 year during which he managed the Magellan Fund, “achieving an annual average return of 29%.” When he was running the fund, 1 in every 100 Americans was invested in it, he told The Wall Street Journal.
In an interview with Institutional Investor’s Kip McDaniel, Lynch explained why he is disturbed when people tell him they ‘play the market’ or are ‘looking to play the market.’
“Play is the wrong verb for the stock market, this is work,” he said.”It can be fun work.”
“You don’t get a tip on the bus and buy for $10,000 some stock,” he added.”You’ve got to do some research if you’re buying a stock whether you are an ammeter or a professional.”
Lynch said this sort of “gambling” or “playing the markets” is
“You have to separate investing versus gambling,” he said. “And a lot of people are gambling and that doesn’t work.”
Watch the full interview »
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan untuk meneruskan bacaan di laman asal sila klik link atau copy paste ke web server : http://ift.tt/2qsMGcS
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
dengan itu Perkara A Wall Street legend explains why it ‘disturbs’ him when people tell him they ‘play the market’
Kini anda membaca artikel A Wall Street legend explains why it ‘disturbs’ him when people tell him they ‘play the market’ dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/05/a-wall-street-legend-explains-why-it.html
Related Posts :
Yasin Sulaiman Jelajah Dari Masjid Ke Masjid
Pencipta lagu Aisyah terkilan dituduh ciplak Chin, sedangkan ia dicipta sepenuhnya olehnya- Memang PERGHH. 10 Gambar Kereta Raya Baru Che Ta. Nombor Platnya Buat Ramai KAGUM !!!
- Memang PERGHH. 10 Gambar Kereta Raya Baru Che Ta. Nombor Platnya Buat Ramai KAGUM !!!
- Punca Sebenar Seorang Isteri Tikam Punggung Suami Guna Gunting
0 Response to "A Wall Street legend explains why it ‘disturbs’ him when people tell him they ‘play the market’"
Catat Ulasan