: He famously asserted that an investor should be able to explain their investment to an 11-year-old in two minutes.

: He preferred businesses with simple models that "any idiot can run—because sooner or later, any idiot probably will". Investment Strategy: GARP and Tenbaggers

Peter Lynch: The Empowering Philosophy of "Buy What You Know"

: Lynch argued that everyday consumers often notice successful companies—like Dunkin' Donuts or Hanes —years before financial analysts do.

The hallmark of Lynch’s approach is the belief that individual investors possess a distinct advantage over professional "Wall Street" types.