Legendary stock picker Peter Lynch made a remarkably prescient market observation in 1994

A version of this post was originally published on TKer.co.

Peter Lynch, the legendary stock picker who ran Fidelity’s market-beating Magellan Fund for 13 years, made a prescient observation in a speech he gave to the National Press Club back in October 7, 1994.

It comes from the 38-minute mark of this video (via @DividendGrowth):

Some event will come out of left field, and the market will go down, or the market will go up. Volatility will occur. Markets will continue to have these ups and…


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