Summary of Peter Lynch and why you need to do research. Coca Cola and Dunkin Donuts examples.

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In this video, Peter Lynch explains why it is important to do your research before investing. He cites the examples of Coca-Cola and Dunkin Donuts as companies that can be profitable even if you don't have a detailed understanding of the investment. Following Lynch's advice can help you avoid expensive mistakes and achieve long-term success.

• 00:00:00 Peter Lynch, one of the most successful investors of all time, stresses the importance of doing research before investing. Lynch points to the success of companies such as Coca-Cola and Dunkin Donuts as examples of stocks that can be understood and profitable even if one does not have a detailed understanding of the investment. By following Lynch's advice, investors can avoid expensive mistakes and achieve long-term success.