Street By Peter Lynch: One Up On Wall
Individuals often notice successful products or popular local businesses years before professional analysts do.
Lynch categorizes every company into one of six types to help set expectations for their performance and risks: One Up On Wall Street by Peter Lynch | Book Summary One Up on Wall Street by Peter Lynch
Lynch popularized this term for stocks that increase tenfold (1,000%) from the initial investment. He believes a few tenbaggers can turn an average portfolio into a star performer. The Six Categories of Stocks One Up on Wall Street by Peter Lynch
Lynch argues that "amateur" investors have several advantages over Wall Street professionals: One Up on Wall Street by Peter Lynch