If you spend more than 14 minutes a year worrying about the market, you've wasted 12 minutes.
About this quote
- What does it mean?
- Worrying about the market more than 14 minutes a year is wasting time.
- In plain terms
- If you worry about the market more than 14 minutes yearly, you wasted 12 minutes.
- What can you take from it?
- Limit market worrying to save time.
Where it applies
Putting it to work
Questions to consider
- How much time do you spend worrying?
- Is it worth it?
Another view
It underestimates legitimate concern for portfolio risk.
More from Peter Lynch
The person that turns over the most rocks wins the game. And that's always been my philosophy.
Permalink to quote #2 The key to making money in stocks is not to get scared out of them.
Permalink to quote #3 I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to …
Permalink to quote #4
Related quotes
I've heard it said that jail stinks of despair. What a load. If jail stinks of any emotion, it's fear: fear of the guards, fear of being beaten or gang-raped, …
John HartJohn Hart quote #1 'In a bull market your game is to buy and hold until you believe that the bull market is near its end.'
Jesse Lauriston LivermoreJesse Lauriston Livermore quote #1 Yet, should thy darkest fears be true, If Heaven be so severe, That such a soul as thine is lost, Oh! how shall I appear?
Anne BronteAnne Bronte quote #2