I've recently found Peter Lynch and his books and like many of you, I felt felt seen. Not to be all Pete Campbell here and think that I arrived at his conclusions independently, but I felt like his investing outlook really really lines up with my own and what I've been doing so far. It's helpful to have someone who is very very smart really lay out clearer hierarchies and better logic flows. Basically, I feel like was making fire with rubbing sticks together and I just saw a Zippo for the first time.
Lynch's personal philosophy of investing is also appealing, that it is just finding good companies that you want to own %s of. I also really like how much he tunes out the market and tries to operate independently of things like interest rates, bull + bear cycles, international events, etc. (Was he the one who said that the stock market itself doesn't exist or was that Buffet?)
But I'm curious about CONTAGION. Is it harder to be a Peter Lynch style investor now, especially under Trump? For one, Trump has a way of just like, metaphorically hoisting everything into his arms. He can surge industries or tank them. There are tariffs and interest rate issues. Beyond Trump, everything else seems so inter-connected now that there's contagion everywhere. Tech companies like Meta can insert themselves into promising fields where there are actual companies doing actual work and building actual growth but if Meta shits the bed (which it usually does), the entire field gets a black eye and investors run for the hills.
How does one still operate in a silo buying and owning good companies? I think the answer is time. But was curious if anyone else had any thoughts.