New Delhi, Feb. 20 -- "What the stock price does today, tomorrow, or next week is only a distraction" ― Peter Lynch

Peter Lynch, ace investor and the former manager of the Fidelity Magellan Fund, is known for his wise quotes on investment. Having taking Fidelity Magellan Fund to new heights during his leadership tenure, Lynch's profound wisdom often focuses on the best ways to invest your wealth.

"If you can follow only one bit of data, follow the earnings-assuming the company in question has earnings. As you'll see in this text, I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction."

The quote is from P...