2min chapter

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

One Up on Wall Street by Peter Lynch | ADI Book Club 1

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

CHAPTER

I'm Not Going to Find Myself in a Lot of the Cyclical Stocks

A lot of people think that the cyclical stocks are a lot like the stalwarts right so they hear these big names. And they're like okay these are dependable businesses just price little inaccurately by the market if I get in this at the right time I can make a lot of money. These are not stocks that you can hold for the long term. You kind of make your return exit when you think that you know the market is going to start pricing them in a rich way and then just get out. But there's definitely opportunities there but man you two things have to be in place one. They have to be extremely cheap to lower the risk and then to you've got to

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