Small Investors vs. Institutions: Peter Lynch’s Take

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i frankly think it's a a tragedy in

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America that the small investor has been

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convinced by the media the print media

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the the radio the television media that

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they don't have a chance that they don't

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the big institutions with all their

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computers and all their degrees and all

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their money have all the edges And it

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just isn't true at all And when they're

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convinced when this happens when this

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occurs people act accordingly They when

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they believe it they buy stocks for a

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week and they buy options and they buy

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the Chile fund this week and next week

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it's the Argentina fund and and they get

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results proportionate to that kind of

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investing and that's very bothersome I

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think the public can do extremely well

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in the stock market on their own I think

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the fact that institutions dominate the

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market today is a positive for small

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investors because institutions push

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stocks on usual lows They push them on

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usual highs For someone that can sit

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back and have their own opinion know

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something about industry This is a

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positive