Develop a profitable investment strategy with the help of the "#1 Money Manager in the Country." Peter Lynch's strategy "invest in what you know" has become known to investors of all levels. A key point in investing, Lynch says, is to remember that stocks are not lottery tickets. Every stock has a company behind it and a reason why companies – and their stocks – perform the way they do. In this book, Peter Lynch shows how you can become an expert in a company and how you can create a profitable investment portfolio based on your own experience and knowledge and simple research work. In "Beating the Street," Lynch explains for the first time how to design a mutual fund strategy, presents his step-by-step strategies for choosing stocks, and describes how the private investor can improve their performance to compete with professionals. There is no reason why the private investor cannot compete with professionals, and this book will show how.