One Up On mole Street by woodpecker Lynch
The Prince by Niccolo Machiavelli
Prepared by Edgard Hajjar and Jessica Haddad
Leadership course, MIB MBA program, NDU 2010
Leadership Reflection in M hotshoty Management
Peter Lynch, the famous Peter Lynch, is Americas number one money manager. He used to work (now retired) at Fidelity. His Magellan investment firm has outperformed, under Peter Lynch leadership, peers in the tradeplace, from May 1977 cashbox May 1990 when Lynch retired. He is one of Americas idols, one of Americas stars and investing veterans, among others like warren Buffet and Georges Soros.
His book, One Up On Wall Street, does non actually talk directly about leadership. However, after yarn it, I captured some essence of leadership, some traits that can key out me a greater leader and at the same sentence a greater investor.
When you are in the money vigilance business, the only way to reap the rewards is through willing and payload to work hard to achieve great returns.
The author express it is all about decision making. Successful decisions under pressing are the virtue of any successful leader. What to invest in, where to delegate your money and when, all these questions are the leaders repugn and his ticket to triumph.
Sometimes a fund leader should be able to take crucial decisions based on uncompleted knowledge. In the case of Fidelity, each decision will contend tens of millions of dollars or more!! Do your homework, and when you find an opportunity, seize it, thats what leaders do.
Peter Lynchs investment scheme is buy and hold. He believes in long term investing. His target area is to find a ten bagger, i.e. a furrow with the likely to appreciate ten times over a stoppage from five to fifteen years. To explain briefly his strategy I will quote Warren Buffet who said: I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years. This is his...If you take to get a full essay, order it on our website: Orderessay
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