Bookaholics - Book Reviewer

Beating the Street About Author: Peter Lynch (born January 19, 1944)[1] 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 doubling 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 $18 million to $14 billion. Summary of Book: So the fifth most important takeaway from Beating the Street, is that you should "Focus on the even bigger picture". Imagine that you are living in Sweden, or some other country with seasonal weather conditions. One day in the winter, the temperature suddenly drops below zero degrees Celsius. People start to panic It was 30 degrees just a couple of months ago, what is happening? Is it the beginning of the next Ice Age?  The media starts to produce daily headlines about how polar b...