Search results
Results from the WOW.Com Content Network
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.
Peter Lynch took the reins in May 1977 and remained the manager of Magellan for the next thirteen years. [6] Between 1977 and 1990 the fund averaged over a 29% annual return, making Magellan the best performing mutual fund in the world. [7] Lynch created the investment process commonly referred to as “Buy What You Know."
Lynch told Rose that the stock market’s price-to-earnings (P/E) ratio had fluctuated from 10 to 20 since the end of WWII. And if the valuation was closer to the upper end of that range, it was ...
Peter Lynch is The legendary former Fidelity Magellan fund manager and author of the pioneering book on investing “One Up On Wall Street,” which will celebrate its 35th anniversary next year ...
On April 1, 1940, Merrill Lynch merged with E. A. Pierce & Co. and Cassatt & Co., a Philadelphia-based brokerage firm in which both Merrill Lynch and E.A. Pierce held an interest. [10] and was briefly known as Merrill Lynch, E. A. Pierce, and Cassatt. [11] The company became the first on Wall Street to publish an annual fiscal report in 1941.
Lynch believes the best tactic in an overvalued market is to wait and watch a handful of stocks that you already like and understand deeply. “You’re trying to find companies you like anyway ...
Peter Lynch once said, "The simpler it is, the better I like it." In a world of faster trading and ever-increasing flows of information, keeping it simple might be the ultimate edge for the ...
Carl Celian Icahn (/ ˈ aɪ k ɑː n /; born February 16, 1936) is an American businessman and investor.He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in Sunny Isles Beach, Florida.