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people don't understand their natural advantages and they don't use it that's bad number one but worse number two if you don't think you're a good ice skater or if you're convinced you're not a good cellist you're not going to try it but people are buying stocks anyway they're not discouraged they just think it's a gamble yeah we begin with peter lynch time magazine has called him america's number one money manager during the 13 years he headed the fidelity magellan fund it was a top-ranked general equity mutual fund his new book beating the street offers advice on picking stocks and maximizing profits and he's here to talk to us about a lot of things welcome to the broadcast you wrote a book called one up on wall street and i think that's one of the best-selling books ever about wall street if i'm not correct you can correct me so why then did you write another okay okay i think the reason i wrote it is the first i try to explain to people their great advantages their edges they have...