Peter Lynch: observation and business research

1. The Making of a Stockpicker

   An edge is learned, not inherited.

2. The Wall Street Oxymorons

   Understand the constraints behind professional decisions.

3. Is This Gambling, or What?

   Examine the claim, the odds and the evidence.

4. Passing the Mirror Test

   The ability to wait begins before a purchase.

5. Is This a Good Market? Please Don’t Ask

   Replace a forecast with a business question.

6. Stalking the Tenbagger

   Everyday clues need an economic bridge.

7. I’ve Got It, I’ve Got It—What Is It?

   Six categories, six different questions.

8. The Perfect Stock, What a Deal!

   Boring can be useful; cheap still needs proof.

9. Stocks I’d Avoid

   Demand growth is not the same as shareholder growth.

10. Earnings, Earnings, Earnings

    A business result and the price paid must meet.

11. The Two-Minute Drill

    Tell a story that can be tested.

12. Getting the Facts

    Read the evidence behind the presentation.

13. Some Famous Numbers

    Ratios become useful when their context is visible.

14. Rechecking the Story

    Update the thesis before defending it.

15. The Final Checklist

    Choose the checks that could change the decision.

16. Designing a Portfolio

    Count the risks, not just the names.

17. The Best Time to Buy and Sell

    A changed price and a changed story are different events.

18. The Twelve Silliest (and Most Dangerous) Things People Say About Stock Prices

    Replace comforting phrases with arithmetic.

19. Options, Futures, and Shorts

    Direction, timing and survival are different tests.

20. 50,000 Frenchmen Can Be Wrong

    Independence means following evidence, not opposing everyone.