Greed, prudence and lessons from history

In the realm of investments, a pattern reminiscent of Peter Lynch's famous cocktail party theory seems to be unfolding. Peter Lynch had this theory of predicting market movements by attending dinner parties. People paid little attention to him when the stock market was sluggish or range-bound. But when it picked up, people would ask about stock picks and the right investment timing. Even people like dentists would offer stock suggestions to the seasoned fund manager.

This article was originally published on December 11, 2023.