I read "One Up On Wall Street" long ago, and think Mr Lynch leaves out an important piece of the puzzle: a team of professionals who take his ideas and validate them. Given a bunch of stocks that his stock analysts say are the same, Peter Lynch then adds his impression of the place in everyday life. But without that analysis, I don't think you get the same results. Not as interesting to write about, but probably more realistic from an investing viewpoint.
Yeah I left $5 in my Scottrade account so I can read Mcgraw Hill S&P reports. Real analysts that every index fan will tell you are phoneybologna. They were spot on, on earnings, they just cant predict what the market will do. Out of everything I mentioned Im actually investing in three. Although I love watching financial news tell me on direct tv that the Netflix is going to put them out of business. And the good old bundle keeps me buying ESPN but I never watch it. My wife is a Suns fan so its Fox Sports that holds the power in our house.
Cable going away-- pfft (although they need to watch how much they charge).
I see Century Link in my neighborhood all the time, and Cox Communications just raised their internet again (I hate them) --- greedy little ####. If I didn't just get a brand new modem I would dump them for Century link myself.
Im waiting for Google fiber though.
Oh and I forgot to mention I saved a few hundred bucks switching to Geico Teddy Brosevelt. (BRK.B)
Good God. I can not type while someone is talking to me.