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Okay, so what if you bought a stock that appreciated 1000%? That's right, the sky rose 10 times during your 13 years as a fund manager? What a clean record! One of the world's greatest investors found hundreds of stocks that appreciated more than 10 times, which he nicknamed " Tembergers," and he promises in his book, "The Peter Lynch Way," that you, the beginner investor, can have higher returns than Wall Street View analysts.
Hey everyone, welcome to another video on our channel, and today we're going to learn from another great investor, Peter Lynch. During his years as a fund manager, he has an annualized return of almost thirty percent. That's why we have to sit down and listen to what the master has to say. And although it may seem strange, the statement he makes is that he defends tooth and nail why the average beginner investor can have a better return than stock market analysts.
He points out the two main disadvantages that large fund managers have when managing resources. The first is size. Have you ever thought about it? If you were a fund manager with millions of dollars under management, any movement you want could alter the price of a stock. So, this makes it increasingly difficult to find good stocks, because if you find 56 good investments, but you have a portfolio in the form of money, you need to find many opportunities that are not always available, and you, as a beginner investor, as a small investor, don't have this problem, so first...
The second disadvantage is mediocrity. Or, if you stop to think about it, analysts and fund managers behave like employees of the investors in the funds, and like any other fund, they often lack the boldness and courage to make decisions that go against the market, that are different from what most are doing.
So, it's common for managers to follow the market, and if you do what everyone else is doing, you'll hardly get a return above the market. But if you're managing your own money, you don't have to answer to anyone. This allows you to choose better companies, or even companies that analysts don't look at, that they don't study, because you don't have to answer to anyone.
I've separated four tips for you that you can put into practice to achieve a return superior to market analysts. The first is to focus on your competency credentials, focus on what you know. This is very much in line with the BNDES (Brazilian Development Bank). You have a family history, maybe you went to college, graduated, your father taught you something, regardless of whether it's in the health sector, engineering, or gardening, you know something more than most, you know something.
More than analysts, when choosing a company to study, focus on the field you master. This will make it much easier for you to understand the company's business, understand who its clients and suppliers are, how it generates revenue, its potential to increase margins, the return it's generating for shareholders, and whether it's in line with markets and has the potential for growth.
So, stick to what you know and what you're familiar with. There's the stock market, the trendy stocks, the ones your friends are talking about, even your uncle who's never invested is asking you for advice. Forget about the next idea, the next era, the next one (in our case, Magazine Luiza, the next one).
You'll hardly ever get it right by going for the stocks that are trending. Instead, look for the companies and stocks that nobody pays attention to, the ones analysts aren't looking at, the ones your uncle will never hear about because only you were deep enough to study the most forgotten stocks. It's in these often difficult and boring businesses that you can find the best bargains and often the best investments to multiply your capital.
The third tip is simple and powerful: Whoever knows more than one business, you as an investor, Monalisa, who is in São Paulo, should focus on the field you master. Paulo, where is the information showing this? The company, or the executives? That company? Directors, Youssef? Or certainly those people who are inside that company?
So look at what the company is doing. Therefore, prefer companies that buy their shares, which is a great signal for the market. And prefer companies where executives are buying shares. If an executive is buying shares of that company in a day's work, they are probably seeing potential that we outsiders often don't see.
So, preferably look for that type of company. And the fourth and final tip is to focus on profits within all the lines you can find in a company's accounting statements, and they all have their importance. Focus on long-term profits. The share price should always be monitored, even if there are setbacks along the way.
And the tip he gives you is to look at a Perry indicator, the price-to-earnings ratio. It will tell you in how many years, from the center of the company's earnings, you will get your money back. But since we have companies that are in the initial stages and experiencing rapid growth, it's common to find a distorted price-to-earnings ratio.
A good company, but with a high Perry ratio, can still be a good investment. If the growth in Christ, in that variation, that multiple makes sense, and my advice is to use the PEL indicator, take Rachel's indicator, it goes beyond the PEL, it adds the company's growth so you can know the variation of that company at the moment, considering the growth over time in recent years, and Peter Lynch says that if you find a company with profits growing above its PEL, you've probably found a stock that will multiply your capital.
If you find a stock with a PEL of 8 while the company has been growing its profit at 12 percent in recent years, according to him, this could be a great opportunity. Okay, and if you liked this video, if you already knew these tips, comment here if you had already used any of them even if you didn't know they were from this great investor, and share it with two friends.
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