4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP511: How to Pick Stocks like Peter Lynch

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Six Most Common Mistakes of Investing in Stocks

There is no arbitrary limit to how high a stock can go. If a great company has already gone up tenfold, that doesn't necessarily mean the stock is expensive. The single greatest fallacy of investing is believing that when a stock's price goes up, you've made a good investment. For the most part, short-term price fluctuations should be disregarded by long-term investors.

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