Peter Lynch
Peter Lynch is Vice Chairman of Fidelity Management & Research Company and President of the Lynch Foundation. He is best known for managing the Fidelity Magellan Fund from 1977 to 1990, during which the fund averaged a 29.2% annual return and grew from $18 million to over $14 billion in assets, making it the best-performing mutual fund in the world. He is also the author of several bestselling books on investing, including One Up on Wall Street and Beating the Street.
“The most famous person to adopt it widely would have been Peter Lynch with the Magellan fund in the eighties... He would famously walk the malls and kind of look at what stores have the longest lines at the cash register.”
Source→“Peter Lynch, I started at Fidelity, and he loved to mentor the kids. So I got some time with him. He said, white out the chart. It's all about the future. So it's okay to miss.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.