After Boris Johnson and Ursula von der Leyen walked back on the verge of a no-deal Brexit, City investors are bracing for an incredibly volatile week.
The decision to go the “extra mile” and resume talks past the weekend avoided the imminent danger of the breakdown of
UK EU trade talks on Sunday, which on
Friday struck stocks and the pound hard.
In the spotlight this week is Peter Lynch, one of the most successful and well-known investors of all time. Lynch is the legendary former manager of the Magellan Fund at the major investment brokerage Fidelity.
At age 33, Lynch took over the fund running it for 13 years making it the best-performing mutual fund in the world.
For that reason, in these uncertain times, we draw inspiration from his top 5 quotes which guided him to his success!
“The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them.”
“People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences.
Calamitous drops do not scare them out of the game.
You have to keep your priorities straight if you plan to do well in life.”
“The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.”
“Have the end in mind and every day make sure you’re working towards it”
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Thanks,
Robbie Duncanson and the Pendleton team!
