Collection: Peter Lynch - #5 'Secular Changes In The Market'

Video Link: https://youtu.be/dpUJEFIV2_U

In this episode, Peter Lynch was asked does he think the secular changes in the market is moving more rapidly now than it did in the 80’s when he was running money?

In this episode, you’ll learn:

  • Peter Lynch on secular changes in the market.

To check out all Collection: Peter Lynch <click here>


(Source: https://video.foxbusiness.com/v/6117461044001/#sp=show-clips)


One thing we’re thinking a lot about it at Barron’s is the secular changes we’re seeing in the market where there’s so much disruption that we wonder if certain industries they may be cheap and they may just keep on getting cheaper.

I mean retail would be an obvious one in some cases victims of Amazon, but even the auto industry – very low price earnings multiples. Maybe the market sees something. Do you think secular changes is moving more rapidly now than it did in the 80’s when you were running money?


No, I saw the textile industry deteriorate. I was recommending all the stocks all the way down. I saw the [Inaudible] to go away. Industries can go from terrific to terrible. There is a great expression that textile industry that helped me a lot.


Textile industry?


Yeah, it’s always darkest before pitch black. (Laughter)

Just when you think things are terrible, they get terrible squared. I mean so just because the industry is getting bad that is not a reason to invest. Wait for things to get better.

Again, somebody might be involved the cement, might be involved in coal, might involve in iron ore, might be involved in plastics, they’ll see it aluminum picked up before I do. So, you might – that’s a cyclical turnaround that might last two or three years. You might see way before Wall Street sees it.

6 views0 comments
  • Facebook Social Icon
  • YouTube

Like & Follow YAPSS social media page to get notify on the latest update.

Disclaimers: YAPSS/YAPSS.com is not managed by a registered investment advisor or a broker/dealer. Information from YAPSS/YAPSS.com and any content posted by YAPSS/YAPSS.com is for entertainment & education purposes only and not a buy or sell of security recommendation. In no event shall YAPSS/YAPSS.com be liable to any damages arising out from the use of YAPSS/YAPSS.com content or material published or available on YAPSS/YAPSS.com. Lastly, YAPSS/YAPSS.com is in no way guaranteed for accuracy or completeness of published information and hence, please do your own due diligence.

©2020 by YAPSS. All Right Reserved.