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Invest In What You Know: Case Study
In Peter Lynch’s investment classic, One Up One Wall Street, Lynch discusses about the power of buying quality businesses that fly under the radar.
Lynch even gives examples too, highlighting Automatic Data Processing and Waste Management.
[Side note: Read One Up On Wall Street, if you haven’t yet. This is easily the best investment book ever written.]
Uncovering hidden gems sounds great. But how do you actually do it? Excellent question and it ties in perfectly with today’s article where I’ll explain this process, using a real world example.
Which Came First, The Chicken Or The Nest Egg?
I moved to Mexico last year. My expectations were pretty low before I left. The Simpsons, Arrested Development, and Man On Fire all depicted Mexico as nothing but a dusty wasteland full of violent criminals and bumbling dimwits.
Holy Cow, what a misrepresentation!