When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

the investment adviser arm of Fidelity Investments spending most of his time mentoring young analysts Peter Lynch focuses a great deal of time on philanthropy. Investment philosophy
Lynch coined some of the best known mantras of modern individual investing strategies. The Lynch Foundation which had $74 million in assets in 2003 supports education religious organizations cultural and historic organizations and hospitals and medical research.

Lynch graduated from Boston College in 1965 and earned a Master of Business Administration from the Wharton School of the University of Pennsylvania in 1968. Peter Lynch (born (1944-01-19)January 19 1944) is an American businessman and stock investor.