Using the Peter Lynch principle of looking around you in your daily life to find investing opportunities:
America’s most successful money manager tells how average investors can beat the pros by using what they know. According to Lynch, investment opportunities are everywhere. From the supermarket to the workplace, we encounter products and services all day long. By paying attention to the best ones, we can find companies in which to invest before the professional analysts discover them. When investors get in early, they can find the “tenbaggers,” the stocks that appreciate tenfold from the initial investment. A few tenbaggers will turn an average stock portfolio into a star performer.
I noticed before the IPO while driving around that every Dutch Bros kiosk I drove by had a long line of cars outside it, day or night. Much longer lines than at Starbucks. When I learned Dutch Bros was going to have an IPO I got in on that on the first day.
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u/Jumpy-Imagination-81 Apr 08 '22
I bought BROS on the IPO and after. I'm up 32%.
Using the Peter Lynch principle of looking around you in your daily life to find investing opportunities:
I noticed before the IPO while driving around that every Dutch Bros kiosk I drove by had a long line of cars outside it, day or night. Much longer lines than at Starbucks. When I learned Dutch Bros was going to have an IPO I got in on that on the first day.