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:
“In really hard times the rules of the game are altered. The inchoate mass begins to stir. It becomes potent, and when it strikes,... it strikes with incredible emphasis. Those are the rare occasions when a national will emerges from the scattered, specialized, or indifferent blocs of voters who ordinarily elect the politicians. Those are for good or evil the great occasions in a nation’s history.”
—Walter Lippmann (1889–1974)
“But suppose, asks the student of the professor, we follow all your structural rules for writing, what about that “something else” that brings the book alive? What is the formula for that? The formula for that is not included in the curriculum.”
—Fannie Hurst (1889–1968)
“Give a lift to a tomato, you expect her to be nice, don’t ya? After all, what kind of dames thumb rides, Sunday school teachers?”
—Martin Goldsmith, and Edgar G. Ulmer. Charles Haskell, Jr. (Edmund MacDonald)