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Investing basics1989

One Up On Wall Street

Peter Lynch

Shows how to observe everyday businesses, understand growth stories, and avoid buying stocks only on rumor.

Checklist

Do I have a rule to understand the business before the ticker?

Do I have a rule to separate market price from economic value?

Do I have a rule to test the thesis against evidence?

Do I have a rule to build a process before committing capital?

Write down what would invalidate the thesis.

Set a review date before acting.