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Previously I posted regarding the top 10 quotes from the most famous investor of them all, Warren Buffett. Tonight, I wanted to visit the top quotes from the man who is probably the most famous mutual fund manager of them all, Peter Lynch. Lynch managed the Fidelity Magellan Fund from 1977 to 1990, managing to return an astounding 29% average annual return in that time period. His book "One Up on Wall Street" made my list of top five investment books, and is a great read for any investor. Here are some of his top investing quotes: 

1. Invest in a business that any idiot can run, because sooner or later, any idiot is probably going to run it.
2. Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
3. Investing without research is like playing stud poker and never looking at your cards.
4. You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
5. I spend about 15 minutes a year on economic analysis... I also spend 15 minutes a year on where the stock market is going.
6. I think that you have to learn there is company behind every stock, and that there's only one real reason that stocks go up.
7. The person that turns over the most rocks wins the game. And that's always been my philosophy.
8. Avoid the hottest stocks in the hottest sector.
9. What makes a company valuable, and why it will be more valuable tomorrow than it is today... earnings and assets
10. Invest in what you know.

These are the top 10 quotes of the famous mutual fund manager, Peter Lynch. Lynch's performance speaks for itself, and investors would do well to listen to his advice, and read his books. Stay tuned because in the future GrowYourFunds will profile top quotes from other famous investors.