“In the stock market, the most important organ is the stomach. It’s not the brain.”

Closed Thread
Thread Tools
  #1  
Old 12-28-2021, 08:05 AM
Boomer Boomer is offline
Soaring Parsley
Join Date: Nov 2007
Posts: 5,246
Thanks: 154
Thanked 2,220 Times in 752 Posts
Default “In the stock market, the most important organ is the stomach. It’s not the brain.”

Peter Lynch said, “In the stock market, the most important organ is the stomach. It’s not the brain.”

If you have been in the market for a few decades, you know who Peter Lynch is. And you have seen a few things.

Those who have been in the market for only one decade might think it’s always like this.

Any thoughts from TOTVers on what the 2022 market could bring — or take?

Boomer

PS: Of course nobody can predict the market, so nobody can hold you to your opinion — not even yourself. But it can be interesting to think about.

Last edited by Boomer; 12-28-2021 at 09:04 AM.
  #2  
Old 12-28-2021, 09:04 AM
ThirdOfFive ThirdOfFive is offline
Sage
Join Date: Jun 2021
Posts: 2,807
Thanks: 746
Thanked 4,682 Times in 1,534 Posts
Default

Quote:
Originally Posted by Boomer View Post
Peter Lynch said, “In the stock market, the most important organ is the stomach. It’s not the brain.”

If you have been in the market for a few decades, you know who Peter Lynch is. And you have seen a few things.

Those who have been in the market for only one decade might think it’s always like this.

Any thoughts from TOTVers on what the 2022 market could bring — or take?

Boomer

PS: Of course nobody can predict the market, so nobody can hold you to your opinion — not even yourself. But it can be interesting to think about.
Stomach? I'd say a few inches lower than the stomach.

There's a pair of 'em.
  #3  
Old 12-28-2021, 09:06 AM
dewilson58's Avatar
dewilson58 dewilson58 is online now
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 11,591
Thanks: 851
Thanked 9,774 Times in 3,642 Posts
Default

Up & Down
__________________
Identifying as Mr. Helpful
  #4  
Old 12-28-2021, 09:09 AM
Boomer Boomer is offline
Soaring Parsley
Join Date: Nov 2007
Posts: 5,246
Thanks: 154
Thanked 2,220 Times in 752 Posts
Default

Quote:
Originally Posted by ThirdOfFive View Post
Stomach? I'd say a few inches lower than the stomach.

There's a pair of 'em.
I knew — I just knew — some guy would say that, and I knew it would not take long. . .

Hey. . .Maybe I am better at predicting than I thought.

Boomer

Last edited by Boomer; 12-28-2021 at 09:15 AM.
  #5  
Old 12-28-2021, 09:18 AM
ThirdOfFive ThirdOfFive is offline
Sage
Join Date: Jun 2021
Posts: 2,807
Thanks: 746
Thanked 4,682 Times in 1,534 Posts
Default

Some things are like that.

In Minnesota, any time from November to April, you can expect to hear "cold enough for ya?" at least five times a day.
  #6  
Old 12-28-2021, 09:25 AM
Boomer Boomer is offline
Soaring Parsley
Join Date: Nov 2007
Posts: 5,246
Thanks: 154
Thanked 2,220 Times in 752 Posts
Default

Quote:
Originally Posted by ThirdOfFive View Post
Some things are like that.

In Minnesota, any time from November to April, you can expect to hear "cold enough for ya?" at least five times a day.

Dontcha know.

Colloquial Boomer
  #7  
Old 12-28-2021, 09:32 AM
CoachKandSportsguy CoachKandSportsguy is offline
Sage
Join Date: Jan 2019
Location: Marsh Bend
Posts: 2,531
Thanks: 599
Thanked 1,902 Times in 914 Posts
Default Doesn't count unless you type it first!



you have to call the pocket shots in pool. . .

Quote:
Originally Posted by Boomer View Post
I knew — I just knew — some guy would say that, and I knew it would not take long. . .

Hey. . .Maybe I am better at predicting than I thought.

Boomer
Anytime i tried to tell my dad something new, shock him, he would reply "I thought that might be true." but would never say his thoughts out loud, or in any conversation with me before this, and he said it so often, that i labelled it as a "i am always right" auto-response. He of course wouldn't consider anything i said as potentially true when it disagreed with him, until he heard it on TV, only the TV was truth



but good question, and then you need to save to see who is lucky. .

and always better lucky than good!

And lottery tickets is a strategy. . .
  #8  
Old 12-28-2021, 09:58 AM
tophcfa's Avatar
tophcfa tophcfa is online now
Sage
Join Date: Feb 2015
Location: Wherever I happen to be.
Posts: 6,086
Thanks: 2,868
Thanked 9,077 Times in 2,744 Posts
Default

Quote:
Originally Posted by dewilson58 View Post
Up & Down
When your young there is plenty of time to wait for the roller coaster to climb back up after the big dip down.
  #9  
Old 12-28-2021, 10:29 AM
sail33or sail33or is offline
Senior Member
Join Date: Feb 2016
Posts: 241
Thanks: 6
Thanked 321 Times in 79 Posts
Default

Well, logically inflation will reach a point a majority of folks will have to limit what they buy. Since all corporations' profits are based on the amount of things/services people buy, you would logically conclude that stocks will go down.

Right now stocks are benefiting from free money(no interest) to expand, forcing people to buy stocks because CD's pay zero interest, reaping the profits of inflation and huge government paydays for some businesses.

But logically stock's should go down and we all know the rich get out first and you are left with the empty bag. Just saying.
  #10  
Old 12-28-2021, 10:31 AM
coralway coralway is offline
Platinum member
Join Date: Aug 2011
Posts: 1,778
Thanks: 19
Thanked 673 Times in 219 Posts
Default

if you’re a day trader, you should be doing very well. This economy is exploding
  #11  
Old 12-28-2021, 10:35 AM
dewilson58's Avatar
dewilson58 dewilson58 is online now
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 11,591
Thanks: 851
Thanked 9,774 Times in 3,642 Posts
Default

Quote:
Originally Posted by sail33or View Post
But logically stock's should go down and we all know the rich get out first and you are left with the empty bag. Just saying.
With your "logic", logically you are out and you are not holding the bag.

__________________
Identifying as Mr. Helpful
  #12  
Old 12-28-2021, 10:57 AM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,415
Thanks: 12,954
Thanked 4,624 Times in 1,765 Posts
Default

I read the first two books Peter Lynch wrote. He really worked hard at investing and of course was incredibly successful with the Magellan fund.

My first stock purchase was in 1959 at age 17. I remember the Nifty Fifty Nifty Fifty - Wikipedia

and the mostly bull market until the mid seventies at which time it seriously tanked and did not recover for years.

Warren Buffett gave a famous speech at a July 1999 Sun Valley get together of the superrich one year where he pointed out that the Dow on 12/31/64 was 874.12; on 12/31/81 it was 875. During this time the sales of the Fortune 500 companies had grown fivefold yet during the 17 years the Dow had gone nowhere.

In the past from time to time I ignored my gut telling me "no, no, no" but charged ahead anyway to make a devastatingly poor decision. For the most part I have learned from those costly actions to listen to my gut which I believe is really the whole of my subconscious brain and my higher power.
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine

Last edited by manaboutown; 12-28-2021 at 11:43 AM.
  #13  
Old 12-28-2021, 11:04 AM
dewilson58's Avatar
dewilson58 dewilson58 is online now
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 11,591
Thanks: 851
Thanked 9,774 Times in 3,642 Posts
Default

Quote:
Originally Posted by tophcfa View Post
When your young there is plenty of time to wait for the roller coaster to climb back up after the big dip down.
Understand, at a certain age (different for everyone).

But I haven't seen a down Market I haven't been able to drive thru & out the other side and not be well ahead of any conservative investing model or thoughts.


__________________
Identifying as Mr. Helpful
  #14  
Old 12-28-2021, 11:05 AM
Velvet's Avatar
Velvet Velvet is offline
Sage
Join Date: Mar 2019
Posts: 5,121
Thanks: 1,072
Thanked 4,017 Times in 1,743 Posts
Default

Quote:
Originally Posted by Boomer View Post
I knew — I just knew — some guy would say that, and I knew it would not take long. . .

Hey. . .Maybe I am better at predicting than I thought.

Boomer
Unless he is one of Dr Now’s 600 lb client, then he truly has two hanging stomachs.

My observation, market seems to swing with Covid fear and Covid waves. One can be slightly ahead by observing “canary” countries reaction. Other variables too, but lately it seems very Covid sensitive.
  #15  
Old 12-28-2021, 11:32 AM
justjim justjim is offline
Sage
Join Date: Feb 2012
Location: Illinois, Tennesee, Florida, Village of Caroline, Sanibel, LaBelle
Posts: 5,642
Thanks: 61
Thanked 1,313 Times in 546 Posts
Default

My simple plan for 2022: Stay diversified, stay calm and expect the unexpected in 2022. If health holds, play as much golf as able. Fore!
__________________
Most people are as happy as they make up their mind to be. Abraham Lincoln
Closed Thread

Tags
market, it’s, “in, lynch, peter


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 04:17 PM.