[[Start here]] → [[What works in stocks?|what works]] → [[expose to return drivers|drivers]] → stories --- ![[promising stocks have easy to understand stories.png]] Often the rocket fuel under a winning stock is strong fundamentals combined with a compelling story. Peter Lynch[^1] described how, before buying a stock, he'd try to tell a "two-minute-monologue" to cover why he was interested in the stock, what it would take to succeed, and any obstacles in its path. > [!quote] Peter Lynch > Once you are able to tell the story of a stock to your family, your friends, or the dog, so that even a child could understand it, then you have a proper grasp of the situation. If a stock has a compelling narrative, it's more likely to gather interest, as stories get shared. Most investors tend to fall for the "Narrative Fallacy", so beware when story stocks without fundamental backing are found out. Lynch believed [[there are six different categories of winning stocks]] and each would have their own potential "two minute monologue". [^1]: [[Lynch - One Up On Wall Street]] - Chapter 11 - the Two Minute Drill