In 1980 Lynch was beating the market.
In 1980 my wife worked at Fluke, that had a 15:1 P/E ratio... one the highest in the newspaper. The average was ~ 10.
That company was growing at 50%/ year.
But Lynch was buying under priced low P/E companies with lots of investigating before investing.
My father bought $6k of MSFT back then that turned into millions. He did not know what software was. He kept asking my wife how his calculator worked. But her words had no meaning to him. He had been designing guns and vehicles with a slide rule.
My wife hated MSFT software and was keeping me out of investing in it. In 1994 I got $10k away from her and bought MSFT.
That is not what Lynch would have done.
