Learn to Earn, Peter Lynch
Learn to Earn, Peter Lynch
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Learn to Earn
A Beginner's Guide to the Basics of Investing

Author: Peter Lynch, John Rothchild

Narrator: Peter Lynch

Abridged: 1 hr 39 min

Format: Digital Audiobook Download

Published: 03/01/1996


Synopsis

Mutual fund superstar Peter Lynch and author John Rothchild explain the basic principles of the stock market and business in an investing guide that will enlighten and entertain anyone who is high school age or older.

Many investors, including some with substantial portfolios, have only the sketchiest idea of how the stock market works. The reason, say Lynch and Rothchild, is that the basics of investing—the fundamentals of our economic system and what they have to do with the stock market—aren’t taught in school. At a time when individuals have to make important decisions about saving for college and 401(k) retirement funds, this failure to provide a basic education in investing can have tragic consequences.

For those who know what to look for, investment opportunities are everywhere. The average high school student is familiar with Nike, Reebok, McDonald’s, the Gap, and The Body Shop. Nearly every teenager in America drinks Coke or Pepsi, but only a very few own shares in either company or even understand how to buy them. Every student studies American history, but few realize that our country was settled by European colonists financed by public companies in England and Holland—and the basic principles behind public companies haven’t changed in more than three hundred years.

In Learn to Earn, Lynch and Rothchild explain in a style accessible to anyone who is high school age or older how to read a stock table in the daily newspaper, how to understand a company annual report, and why everyone should pay attention to the stock market. They explain not only how to invest, but also how to think like an investor.

About Peter Lynch

Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990 when it was one of the most successful mutual-funds of all time. He then became a vice chairman at Fidelity and more recently has become a prominent philanthropist particularly active in the Boston area. His books include One Up on Wall Street, Beating the Street, and Learn to Earn (all written with John Rothchild).


Reviews

Goodreads review by Yoga on July 23, 2008

This book holds sentimental value to me, for it introduced me to the world of investment. A world which, later, not only becomes a personal interest but also a professional one. I started my first investment in stocks and mutual funds shortly after I finished the book. Fast forward, I started my car......more

Goodreads review by yamika on July 05, 2021

Concepts have been explained in a simple manner, written in easy-to-understand language. The book covers a short history of capitalism, the basics of investing, how companies work, the Invisible Hand and free markets, and how to read a balance sheet. I marked a lot of things in the book (wherever I......more

Goodreads review by Walter on July 27, 2016

Lots of good stuff in this book, particularly the chapter, "A Short History of Captalism". But since the book came out in 1995, parts of it are now quite outdated (the primary reason I gave it four stars instead of five), and will only become more so in the years to come. Hoping that the authors con......more

Goodreads review by Dio on April 14, 2015

Great intro book for beginners. Written in layman's terms with some practical items included. Presents a compelling case for capitalism. It would be interesting to see an analysis on how the arguments for going long on stocks holds up after the 1999 and 2008 crises, due to the great volatility histo......more

Goodreads review by Shubham on March 14, 2016

This is a great book. It introduced me to the world of investing. It was the first book that I read on investing. Since, the book was written in the early 90s, the examples taken by Mr. Lynch would sound somewhat old to you but they will still give you a fair idea of what he is trying to teach you.......more