Learn to Earn
A Beginner's Guide to the Basics of Investing and Business
A plain guide for young and first time investors on how companies grow, how stocks work and why owning shares pays over decades.
Peter Lynch, who ran Fidelity’s Magellan Fund from 1977 to 1990, wrote this with John Rothchild for readers who were never taught about money at school. It starts with a short history of capitalism and the rise of the public company, then explains what shares are, how to read a company’s numbers and why time is a young investor’s biggest advantage. The message is to buy into businesses you understand and hold them.
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