Rules of Thumb
Fund manager Peter Lynch in his two best-selling investment books entitled One up on Wall Street (1989) and Beating the Street (1993) has outlined several strategic rules of thumb or criteria that should be evaluated when considering a particular security investment:
Read more about this topic: Stock Selection Criterion
Famous quotes containing the words rules of, rules and/or thumb:
“... a large portion of success is derived from flexibility. It is all very well to have principles, rules of behavior concerning right and wrong. But it is quite as essential to know when to forget as when to use them.”
—Alice Foote MacDougall (1867–1945)
“One might get the impression that I recommend a new methodology which replaces induction by counterinduction and uses a multiplicity of theories, metaphysical views, fairy tales, instead of the customary pair theory/observation. This impression would certainly be mistaken. My intention is not to replace one set of general rules by another such set: my intention is rather to convince the reader that all methodologies, even the most obvious ones, have their limits.”
—Paul Feyerabend (1924–1994)
“Your small hands, precisely equal to my own—
only the thumb is larger, longer—in these hands
I could trust the world, or in many hands like these,
handling power-tools or steering-wheel
or touching a human face ...”
—Adrienne Rich (b. 1929)