Name: Beating the Street
ISBN: 9780671891633

Peter Lynch

John Rothchild

Describes how readers can invest in twenty-two companies selected for the 1992 Roundtable

Beating the Street

Rohit Arondekar

The key takeaway was that before investing in a stock you need to understand the company behind it. This involves understanding how it makes money, whether it can withstand bad times and whether it's available as a bargain. The performance of the Magellan Fund, which Peter Lynch was responsible for, is phenomenal. Throughout the book, Peter gives an honest walk through of his thought process and actual actions in doing his homework and investing.

I have read The Intelligent Investor by Benjamin Graham and Beating the Street was like seeing the ideas of Benjamin Graham in action. I have to concede that I don't have a good grasp of markets, finance and economics. It will probably take me multiple readings of The Intelligent Investor to understand all it has to offer. However, I'm making an attempt to improve my financial understanding and Beating the Street was helpful in this regard. I'm looking forward to reading Peter Lynch's other books.