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Buy These 3 "Boring" Stocks From Peter Lynch
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Mutual-fund manager Peter Lynch is one of the most successful mutual-fund managers of all time. His average annual return of 29% from 1977 to 1990 would have turned a $10,000 investment into nearly $150,000.
And in his book “One Up on Wall Street,” he described the best possible stock: First, its name sounds dull. Second, it does something dull.
Because when it comes to investing, Lynch said, boring is often better.
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