There are parts of this book where they might be less applicable to you because he is a professional stock picker who owns very clearly 1500 companies. And so part of his advice is that you want to be able to keep up with the story for all of the companies that you own. One other thing that I think is kind of misunderstood in the big takeaways is this section on like don't pull flowers and don't water the weeds.
You probably know something that a Wall Street analyst doesn’t, and that gives you an edge. Mary Long and Ricky Mulvey revisit Peter Lynch’s investing classic “One Up on Wall Street: How to Use What You Already Know to Make Money in the Market.” They discuss: - How to research a company beyond earnings statements - One common misunderstanding about Lynch’s style of investing - Where regular investors can find an edge over institutional money Companies discussed: FDX, NVDA, MCD Have a book recommendation for the book club? Let us know at podcasts@fool.com Host: Mary Long Guest: Ricky Mulvey Engineer: Tim Sparks
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