FYI:( He made the Linkster a lot of money during his stint as Fidelity Magellan Manager.)
When Peter Lynch began work at Fidelity 50 years ago, you could buy lunch for less than a dollar, you had to wait for the mail to read an annual report, and the Dow Jones Industrial Average hadn’t hit 1,000.
Much has changed—but not Peter Lynch's boyish fascination with stocks. Looking spry in a dark blue suit, yellow tie, and sneakers, he recently popped into Fidelity's Chart Room (where market trends were once hand-drawn and posted on the walls) to share some of his investing wisdom with Viewpoints.
For the 13 years that Lynch ran Fidelity's Magellan® Fund (1977–1990), he earned a reputation as a top performer, increasing assets under management from $18 million to $14 billion (as of 1990). Since then, Lynch has mentored virtually every equity analyst at Fidelity. He also authored several top-selling books on investing, including One Up on Wall Street and Beating the Street, and has been a generous contributor to the Boston community, the Catholic Schools Foundation and the Inner City Scholarship Fund.
Whether you enjoy picking individual stocks, aspire to it, or prefer to rely on professional management in the form of mutual funds, ETFs, or managed accounts, his plain-spoken wisdom can help you become a better investor.
Regards,
Ted
https://www.fidelity.com/viewpoints/investing-ideas/peter-lynch-investment-strategy-q-a
