Beating the Street

Develop a Winning Investment Strategy -- with Expert Advice from "The Nation's #1 Money Manager"Peter Lynch's "invest in what you know" strategy has made him a household name with investors both big and small.An important key to investing, Lynch says, is to remember that stocks are not lottery tickets. There's a company behind every stock and a reason companies -- and their stocks -- perform the way they do. In this book, newly revised and updated for the paperback edition, Peter Lynch shows you how you can become an expert in a company and how you can build a profitable investment portfolio, based on your own experience and insights and on straightforward do-it-yourself research. There's no reason the individual investor can't match wits with the experts, and this book will show you how.InBeating the Street,Lynch for the first time:* Explains how to devise a mutual fund strategy* Shows how he goes about picking stocks, step-by-step* Describes how the individual investor can improve his or her investment performance to rival that of the experts of the investment clubs.

During Peter Lynch's thirteen successful years as manager of the Fidelity Magellan Fund, it was the top-ranked general equity mutual fund in the nation. One thousand dollars invested in Magellan in 1977 was worth $28,000 when he handed over the reins of Magellan on May 31, 1990.

Since his retirement from the Magellan Fund, Lynch continues as a member of the board of trustees of the Fidelity Group of funds and writes a column for Worth magazine. He lives with his wife, Carolyn, and three daughters in the suburbs of Boston and is the author of the investment classic, One Up on Wall Street.