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The Economic Times
The Economic Times
Business
Debaroti Adhikary

How dumb I was! When Peter Lynch regretted not buying Warren Buffett's favourite stock whose product his daughter used

Veteran American investor Peter Lynch is known for his invaluable stock market lessons, but even the expert once regretted not buying a stock which is Warren Buffett's favourite, and whose product his own daughter had bought.

The former Fidelity Magellan fund manager in 2023 had revealed that he wished he had not missed out on the explosive growth opportunity in iPhone-maker Apple. "Apple was not that hard to understand. I mean, how dumb was I?" he told CNBC, adding that the iPhone maker had a nice balance sheet as well.

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