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Peter Lynch (born January 19, 1944) [1] is an American investor, mutual fund manager, author and philanthropist.As the manager of the Magellan Fund [2] at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, [3] consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world.
Legendary investor Peter Lynch once revealed how to invest when stocks appear way overpriced — and right now the S&P 500 is close to its record high despite short-lived plummet
In these conditions, Lynch believes a correction is “healthy” and investors should avoid frothy, overpriced stocks. This is because he says overvalued stocks offer a poor risk-reward ratio.
Peter Lynch is The legendary former Fidelity ... Peter Lynch never said to invest in the stock market. ... Fidelity’s Magellan fund racked up a 29.2% average annual return for those investors ...
Despite those truly remarkable returns, Lynch was a passionate believer in the notion that the normal investor can pick stocks better than the average Wall Street professional.
The term was coined by Peter Lynch in his 1988 book One Up on Wall Street and comes from baseball where "bags" or "bases" that a runner reaches are the measure of the success of a play. [1] For example, a ten bagger is a stock which gives returns equal to 10 times the investment, while a twenty bagger stock gives a return of 20 times. [2]
Peter Lynch, as manager of the Fidelity Magellan Fund (FMAGX) between 1977 and 1990, rode masterful stock picks to outsize gains. FMAGX delivered average annual total returns of more than 29% to ...
With the simple phrase "buy what you know," Peter Lynch made investing far more accessible to a wide range of potential investors. Last week, I took a look at the home runs that my wife hit in her ...