Archive for the ‘finance’ Category

Ain’t too proud to buy an Index Fund – Part I

September 13, 2008

It’s pretty gratifying to pick a stock that’s a three bagger.  Peter Lynch used the term “bagger” to say that a stock has multiplied in value. ie three bagger stock is one that tripled in value.  Note: If you looked up the term three bagger in Urban Dictionary it is a different definition, but pretty funny.

He’s one of the few institutional investor that has outperformed the market over a long period of time, Warren Buffett being the other notable one.  However, the number of investors that can outperform the market in the long run is few and far between.