The lecture is about Peter Lynch, a famous investor and author. He talks about his investment philosophy and how he thinks anyone can be successful in the stock market. He also gives some tips on how to pick stocks.

Here are some key points from the video:

Lynch believes that the best way to pick stocks is to do your own research and understand the companies you are investing in.
He also believes that it is important to be patient and to have a long-term investment horizon.
Lynch warns against trying to predict the market or interest rates.
He also says that it is important to be prepared for the market to go down sometimes.
Overall, the video is a valuable resource for anyone who is interested in learning more about investing. Lynch is a very knowledgeable and experienced investor, and he has a lot of great advice to share.