Peter Lynch is a huge advocate of buying what you know. To take advantage of this, one has to constantly be on alert for opportunities and further investigate the story and numbers behind the stock. Blindly purchasing stocks on the basis you love their products is a dangerous game and could result in major losses. [...]
Usually I wait till Friday or Saturday morning to post the week’s top value investing news, but this week I could not resist.
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Readers of this blog will notice that a couple of picks of mine have been in the dog house, while others have performed well in a choppy market. Unfortunately, for the casual web surfer who stumbles onto here, they will focus more on the stocks that have been down.
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