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Fidelity's Bright Stars: Joel Tillinghast & Will Danoff

FYI: (Click on Article Title At Top Of Google Search)
In many ways, Will Danoff and Joel Tillinghast couldn’t be more different—and yet they’re part of the same rare breed. Danoff, a pediatrician’s son and onetime assistant of the superstar investor Peter Lynch, and Tillinghast, descendant of one of Rhode Island’s earliest European settlers, are two of Fidelity Investments’ best investors. Danoff looks for big companies that he thinks will double their earnings over five years, on the theory that stock prices will follow. Tillinghast will only buy stocks that are trading below $35 and appear undervalued despite growing cash flow. Both have built amazing track records: Since he took over Fidelity Contrafund in 1990, Danoff has returned 13.4% a year to investors; Tillinghast, since launching Fidelity Low-Priced Stock in 1989, has returned 14.6%.
Regards,
Ted
https://www.google.com/search?newwindow=1&site=&source=hp&q=fidelity+bright+stars+barron's&oq=fidelity+bright+stars+barron's&gs_l=hp.3...1578.14030.0.14375.30.29.0.1.1.0.83.1928.29.29.0....0...1c.1.54.hp..12.18.1202.bKv4WKDIEeA

Comments

  • Thank you - one of the better article on the investment insight of Danoff and Tillinghast.
  • The saddest thing is that there was next a "next generation" after them. Greg Frasier was great at Diversified International, then left. Reasonably talented folks rotated through Magellan, then mostly left. And the names I read five years ago on Fidelity's top young managers have remained, at most, quite reasonable.

    David
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