Dated stock picks; tried and true investing strategy. (Mostly) Worth the read.

I don't need to vouch for Lynch's authority on good investing, as anyone who has looked into investing for more than ten minutes has run across his name. Knowing his name and his reputation in the investing world, I thought I'd give this book a read and become familiar with his investing strategy. I was not disappointed.

Lynch's strategy is quite similar to Warren Buffett's: buy solid companies at a discount and wait. Lynch favors more moving of money than Buffett prefers, but the fundamentals of their strategies are, more or less, one and the same. In a market currently swamped with day traders and young investors trying to ride the waves of sensational stocks, Lynch's voice here is a breath of fresh air, even three decades after initial publication.

Being a 30 year old book, its stock picks were obsolete 29 years ago. This is no fault of Lynch's strategy, but only the nature of investing. Anyone looking to find actual picks for stocks in this book is going to be disappointed. Thankfully, the bulk of the book is dedicated to explaining Lynch's strategy behind picking the stocks he chose, and seeing this strategy in action is the true value of the book.

However, being that the back half of the book is dedicated solely to explaining 30 year old stock picks, I found this part of the book far less rewarding than the first half of the book. There are still some gems of wisdom in these latter chapters, but the time-sensitive reader can ditch the book after Chapter 6 and still have gotten their money's worth.

All in all, I'd recommend the book for the beginner investor, as the fundamentals of Lynch's strategy are worth learning.

Recommended by Rob.

Check our catalog: https://encore.cooklib.org/iii/encore/search/C__Sbeating%20the%20street%20lynch__Orightresult__U?lang=eng&suite=gold

I picked this up after One up on wall street, and Lynch did not disappoint. Building on the premise built in One up on wall street -- is an excellent next read. I do think that a lot of what Lynch is practically reflected in the market, and I would definitely recommend the book as its quality (again, quite out-dated) still carry's forward to evaluating companies growth stories in the present.

Buy boring, strong companies and enjoy the returns.

Power of basics!

I don't think you need to read this book if you've already read One up on Wall Street (which in my opinion is the better one between the two).

A lot of this advice may have been new in the 90's but feels cliche now. The second half was kinda educational

Easy to read and replete with lessons and examples for would-be investors in the stock market. Not an academic tome, nor a serious examination of market dynamics or equities investing, it is nevertheless worth reading for the average investor who wants to add to his or her understanding of how to make choices in the market. Lynch was the long-time manager of Fidelity's incredibly successful Magellan Fund.