More than one million copies have been sold of this seminal book on investing in which legendary mutual-fund manager Peter Lynch explains the advantages that average investors have over professionals and how they can use these advantages to achieve financial success.

America’s most successful money manager tells how average investors can beat the pros by using what they know. According to Lynch, investment opportunities are everywhere. From the supermarket to the workplace, we encounter products and services all day long. By paying attention to the best ones, we can find companies in which to invest before the professional analysts discover them. When investors get in early, they can find the “tenbaggers”, the stocks that appreciate tenfold from the initial investment. A few tenbaggers will turn an average stock portfolio into a star performer.

Lynch offers easy-to-follow advice for sorting out the long shots from the no-shots by reviewing a company’s financial statements and knowing which numbers really count. He offers guidelines for investing in cyclical, turnaround, and fast-growing companies.

As long as you invest for the long term, Lynch says, your portfolio can reward you. This timeless advice has made One Up on Wall Street a number one best seller and a classic book of investment know-how.

Read & Listen

Switch between reading the Kindle book & listening to the Audible narration with Whispersync for Voice.
Get the Audible audiobook for the reduced price of $7.49 after you buy the Kindle book.

Enjoy a free audiobook + more

One credit a month to pick any title from our entire premium selection to keep (you’ll use your first credit now).
Unlimited listening on select audiobooks, Audible Originals, and podcasts.
You will get an email reminder before your trial ends.
$14.95 a month after 30 days. Cancel online anytime.

Learn more about Membership

List Price: ~~$19.95~~

You Save: $1.96 (10%)

By completing your purchase, you agree to Audible’s Conditions Of Use

Sold and delivered by Audible, an Amazon company

People who viewed this also viewed

Page 1 of 1Start OverPage 1 of 1

Listening Length	9 hours and 39 minutes
Author	Peter Lynch
Narrator	Timothy Piper
Whispersync for Voice	Ready
Audible.com Release Date	December 11, 2020
Publisher	Noble Publishers
Program Type	Audiobook
Version	Unabridged
Language	English
ASIN	B08QC99ZN5
Best Sellers Rank	#8,133 in Audible Books & Originals (See Top 100 in Audible Books & Originals) #121 in Investing & Trading #157 in Personal Finance (Audible Books & Originals) #193 in Introduction to Investing

Customer reviews

5 star		78%
4 star		14%
3 star		5%
2 star		1%
1 star		2%

How are ratings calculated?

Top reviews from the United States

There was a problem filtering reviews right now. Please try again later.

El Artesano

A Blast of Wisdom

Reviewed in the United States on December 15, 2018

Verified Purchase

So, here we have an artisan unveiling the secrets about his craft. I really could not provide enough praise to this piece. I guess all I can say is that this book made it to my car...and stayed! Many books have taken a couple of rides with me in my car just to return to the shelf. I just happen to have two little kids (4 and 2) so I have spent a lot of time in my car during the last 4 years (you know, to get them to nap). So, as they nap, I read. And the read better be good, because I don’t have a lot of time for it.

Now, back to the book. This book is known for emphasizing some of the advantages that individual investors have (say, over institutional ones) when it comes to finding investment opportunities. One of these advantages relates to the fact that -due to mandate or sheer size- institutional managers cannot even start considering investing in small caps. This leads to a second advantage, which is that individual investors can find very attractive opportunities by just looking around them. This advantage is even more true today considering the easy access everybody has to stock and company related data.

This is one of those books where, If you randomly pick a paragraph on any page, it will find a way to keep you engaged. The writing style is just too good. And I think it is that good because this man is pure wisdom. He could sit in front of me for the rest of my life and that probably would not be enough time for him to pass on all his knowledge. He was an investor, a trader, an equity analyst, a portfolio manager, and a businessman all in one. Incredible!

The three sections I found most valuable are these:

1- company/stock classification (slow/fast growers, stalwarts, turnarounds, etc)
2- description of the characteristics of a fast grower or 10-bagger.
3- details of the effect of interest rates on the markets’ historical P/E ratio.

Do yourself a favor a read this book. You won’t regret it.

48 people found this helpful

Helpful

BlackHairedGuy

A Must-Read for those interested in Investing

Reviewed in the United States on May 16, 2016

Verified Purchase

I heard about this book from various places and it seems to be highly recommended for anyone interested in investing. Lynch is well known for his "invest in what you know" mantra, and even though some take it as justification to invest in whatever company they simply "feel good about," Lynch is nowhere near as reckless in his book and even warns against it.

His main premise is that individuals, such as me and you, take part in the economy and are well aware of new trends and investing opportunities. By being aware and doing diligent homework before investing, you can find numerous "baggers" - stocks which increase by multiples over time - that can make you quite wealthy. In fact, Lynch points out this gives the average person an edge against professional investors, thus giving the book it's title. Throughout the book he details his ideas and methods for analyzing companies and serves as a good foundation to the value oriented investors. The author also seems to have a good sense of humor (like Buffett) which makes the book joyful to read.

The only downside of the book which I can find is that it is a bit outdated as it was written decades ago. Much has happened since then such as the dotcom bubble and the 2008 recession. But I find this a minor issue as the lessons and techniques detailed in the book are general enough to apply broadly. It in no way takes anything away from the quality of the book.

104 people found this helpful

Helpful

W. L.

I still think its a great book, but he is giving the average individual ...

Reviewed in the United States on January 15, 2018

Verified Purchase

I originally read this when I was just getting started in a finance career in the early 1990s. I credit this book as one of the key reasons I became excited about the stock market. After 27 years as a stock analyst, I decided to read it again.

I still think its a great book, but he is giving the average individual investor too much credit on being able to interpret what the financial statements are really saying and how to think about valuation of the stock. I really like his take on being aware of what you are seeing and hearing around you (not on TV or the web) as you walk through the mall to see the hot stores with the crowds, listen to your kids on hot products or fashions, etc. But once you get these ideas and then analyze the financial statements and valuation, most will want to also bounce the idea off a professional (financial adviser) or at least use a quantitative service like zacks.

43 people found this helpful

Helpful

thomas

Fun to read and not overly technical

Reviewed in the United States on November 25, 2017

Verified Purchase

Awesome book if you're getting started investing or a seasoned veteran. This is a much easier read than the intelligent investor. I had a fun time reading this book, Peter does not get too technical explaining anything and really gives you insight to how he invested when he ran The Magellan fund at Fidelity. You will learn about P/e ratios and other basic fundamentals to look for in companies without getting into dry details. Pretty easy read, under 4 hours for your average reader.

24 people found this helpful

Helpful

A good first Peter Lynch primer, good info for the large investor

Reviewed in the United States on June 15, 2018

Verified Purchase

This is a very good book, and if you have not read any of Peter Lynch's previous books, this is a good one to start with.

That said, much of this book is repeated in his other books.

It is a fun, interesting, and potentially useful book if you are interested in high level investing. This book has less useful advice for the small investor than some of this other books.

Mr. Lynch's writing style is engaging and interesting.

All in all, a good book.

13 people found this helpful

Helpful

Adrian

Simple, easy guide to stocks with valuable information.

Reviewed in the United States on November 27, 2020

Verified Purchase

This was my sequel from Benjamin Graham's (Warren Buffets mentor) technical book 'Intelligent Investor'. It did not disappoint. Peter Lynch's unique perspective as a former mutual fund manager gives insight into how mutual funds picked stocks and how he picked stocks. How he picks stocks versus Buffett is quite similar for the most part but he puts his own unique twist to it which most people wouldn't think of. He gives plenty of examples of mistakes he made and how he has learnt from them which makes him seem very relatable. I would recommend this book to anyone with basic knowledge of corporate finance ( what stocks are, how they work, etc). However, this book, like Benjamin Grahams, only gets 4 stars simply because it's old and some principles & advice may not apply anymore.

4 people found this helpful

Helpful

Top reviews from other countries

Dr W. H. Konarzewski

A refreshing down-to-earth approach

Reviewed in the United Kingdom on February 18, 2019

Verified Purchase

There is something endearing about Peter Lynch's approach. He takes the view that the average retail (amateur) investor can beat the professionals by using common sense and exercising self-control. Whilst investment is always a gamble, the shrewd investor can find companies that swing the odds in favour of a win. Peter Lynch liked companies with a good product that he could understand - he bought into Taco Bell because he liked their coffee, and because he saw it was a strong company with sound management and plenty of room to grow. As a part of his research he would visit company offices. If he found shabby offices with frayed carpets and cracked linoleum in a downbeat part of town, he would reason that these companies put all their money into the business and not into glitzy office blocks. And he would invest. But he shied away from companies that spent their profits unwisely on unnecessary status symbols and acquisitions. All in all his advice is practical. Be your own person. Don't follow the herd. Don't worry about the macro-economic situation. Don't focus on short term movements in share price. Don't pay too much attention to complicated things like charts. Be patient. Be slow to buy and slow to sell. And above all know the company in which you're investing.

This is a charming book written by a modest and engaging character, full of great anecdotes and sound advice. It has a place in my top twenty books on investing. Thoroughly recommended,.

29 people found this helpful

Dave E

Better Than The Intelligent Investor

Reviewed in the United Kingdom on September 27, 2015

Verified Purchase

Lots of people will recommend Intelligent Investor: The Definitive Book on Value Investing - A Book of Practical Counsel as the best investing book out there (Warren Buffet included) but in my opinion this trumps it. Peter Lynch's down to earth approach to investing is very clearly explained and keeps it all very interesting which is no mean feat - investing is a very dry subject.

I particularly like the sections where he details some of his investments (good and bad) and includes the charts explaining where he bought and sold and the reasoning behind that. Peter actually goes quite in depth on some of his biggest mistakes which is a really nice touch and takes it away from being overly preachy like a lot of other investment books.

So far I've read it twice and I fully intend to read it again.

26 people found this helpful

Pete

A little dated but the fundamental message probably truer than ever

Reviewed in the United Kingdom on July 8, 2020

Verified Purchase

Given when the book was written a lot of what is described in the book is very outdated, naturally. The basic message he conveys though is as true today as ever. Probably truer now than ever with the amount of day traders using apps like Robinhood to blindly gamble on stocks, resulting in them being pushed up well above their real value. Certainly if everyone adhered to the logic in this book during the late 90s early 00s the Dot.com bubble wouldn't have happened.
It's an entertaining read which I think provides a lot of fundamentals for being a long term investor, and how to keep your head about you during bad and good times.
I will say that the author is a self proclaimed techno-phobe (despite having a large holding in Apple when he wrote the book), and mentions that he's inclined to steer clear of tech companies. As clever as this was before the dot.com crash it isn't great advice in 2020.

3 people found this helpful

Credit Man

Entertains, not technical, and surprisingly relevant

Reviewed in the United Kingdom on July 2, 2018

Verified Purchase

This book is more of a story about how Peter Lynch operated, than a technical guide to stock selection. It outlines his approach: look for companies about which you know something; do not buy too "expensive" on a P/E or Book Value basis (both restrictions could be disputed, but it is Mr Lynch's style).

In one place he is dismissive of technical analysis, so do not expect that.

Given that this was written 20 years ago, it is remarkable that so many good principles, and bad practices, can be seen widely today.

Worth reading, even if you do not follow the Lynch approach.

7 people found this helpful

Customer

Best book about stock market

Reviewed in India on June 28, 2018

Verified Purchase

Nice writing, paper quality is some what ok, suits for all readers.Read both one up on wall Street and intelligent investor.

41 people found this helpful

See all reviews