Thread/
— Idea Hive (@ideahive) May 16, 2022
Peter Lynch popularised the concept of EPS growth driving stock returns, which is backed up with academic literature.
Over the very long-term, 20+ years, EPS growth is by far the main contributor to returns.
But what about for a more typical investment of ~5 years? pic.twitter.com/L3AzQdZjbq