Wouldn't Call These Returns 'Mundane'
"Simplicity is the ultimate sophistication." -- Leonardo da Vinci
One of the most influential books early in my investing career was Beating the Street by Peter Lynch, the superstar money manager from Fidelity. One of the core things I distinctly remember pulling from the book was that simplifying things can often be the best investment approach. Lynch made a career of finding great investments in mundane industries. Instead of finding the next Google (GOOG) or Salesforce (CRM), Lynch found firms that were taking market share in fragmented, slow-growing industries....408 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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