Peter Lynch’s 2 Minute Drill ― Powerful Investing Lesson

The 2 Minute Drill Investment Strategy

The 2 Minute Drill:―

To further improve your chances of a profitable selection, Lynch in his book One Up On Wall Street has suggested a 2-minute drill that he thinks every investor should follow before parting with their money.

He suggests having the following monologue with yourself.

2 Minute Drill:―

Before buying a stock, I would like to be able to give a two-minute monologue that covers:―

1. The reasons I’m interested in this company,

2. What has to happen for the company to succeed, and

3. The pitfalls that stand in its path.

If your very own answers to the above 3 questions satisfy you, you are good to go ahead with the chosen firm. 

The drill acts as a safety barrier by limiting the role of emotions in your investment decisions.

Want to become a self-reliant investor?
Check out these:

  1.  Best Books on Stock Market and Investing
  2. Don’t Buy These Stocks ― One Up On Wall Street by Peter Lynch
  3. Powerful Lessons on Bear Market From Ace Investors
  4. 12 Timeless Tenets of Investing from The Warren Buffett Way
  5. How To Make Money In Stocks ― The CANSLIM Method Explained

Grab your copy Here Amazon IN | Amazon US


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That’s all we have for today. Thanks a lot for tuning in to HappinessDhaba. Do let us know your views on these in the comment section. And, don’t forget to add more to the list.

Happy Investing!

Signing off with my favorite words.

Zindagi Zindabad!

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Jasmeet Singh
Jasmeet SinghPsychologist | Engineer | Reader | Blogger
An Engineer-Turned-Psychologist who loves Literature.
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