12 Steps to Drive Emotions Out of Investing Decisions

This week’s AAII Weekly Digest highlights these “must-read” AAII articles: Avoiding the Mistakes Made by Ineffective Investors Investors can often do more harm than good to their portfolios by chasing after IPOs, reaching for yield and not understanding what they are buying. But who knew that a decades-old episode of Leave it to Beaver could offer…

 

Peter Lynch, Clarified

Twenty-five years ago, Peter Lynch stepped down as manager of Fidelity’s Magellan Fund, bringing to an end a successful 13-year run during which he averaged a 29.2% annual return. Lynch is credited with the investment strategy of “investing in what you know,” but in a recent Wall Street Journal article, he tries to set the…

 

The Peter Lynch Investor Personality Test

I decided recently to reread some of the investing books that helped shape my investment philosophy and see if they are still relevant for individual investors today. Peter Lynch’s 1989 book “One Up On Wall Street” offered investors wonderful insight into the mind of one of the greatest modern investors. Peter Lynch gained his fame…