Peter Lynch, Peter, Steve Ymer discussed on Invest Like the Best

Automatic TRANSCRIPT

Maybe from the start of your career to today. Like, how have those key attributes changed through time or have they changed? I would argue. They haven't really changed that much the people I've known over my career who are the greatest investors are people who know how to look at the numbers are superior at being dispassionate about the facts. And also have a sense of how to understand people. And when they're assessing the future of company, they're taking into account the people characteristics. You know, is this person credible? Can they really execute on the plan that they're talking to me about and does the plan makes sense versus what? I know is going on in that marketplace, I won't ask you for the greatest investor you've ever talked to. But, but maybe ask it slightly different way, which is to name an investor that you just always enjoyed learning from or with someone with whom the conversations are always kind of interesting in because of these attributes that you just described well, I'm lucky enough now to be sitting on a floor at fidelity where I get to do that every day that I'm in the office because there's a lot of those people certainly if you name one name, it has to be Peter Lynch because I mean, he was the greatest investor fidelity had he made so much money for so many people and he developed the bench of investors who is so successful for so many investors today, I think if will Dan off Joel tilling hasta or Steve Ymer were sitting here. I'm completely confident. They would tell. Tell you stories about how Peter influence them and help them personally in their development. Do you have a favorite personal Peter Lynch story, I guess my early days of going in to try to talk to Peter about how I thought possibly he might be able to make money in some small little machinery stock was probably about as intimidated as I've ever been in my life. So he's an amazing guy. And he has a unique ability to be able to tell stories that have created important lessons for other people and that in a lot of ways sets them apart. So a couple of closing questions on one looking back when looking forward. So I in retrospect, if there are any what you feel are portable. Let's say business lessons ways of conducting yourself things that I always focus on change. You know, you've heard me asking. About change a lot is because I feel like change kinda communicates learning any major business lessons that you feel people could take away just from all your variety of experiences. It's not often that I've had someone on the podcast that has touched so many different parts of the financial services business. So any.

Coming up next