Peter Lynch

Peter Lynch
Born (1944-01-19) January 19, 1944 (age 80)
EducationBoston College (BA)
The Wharton School of the University of Pennsylvania (MBA)
Occupation(s)Investor, author, mutual fund manager, philanthropist
EmployerFidelity Investments (1966 - 1990)
Known forManaging the Magellan Fund
TitleChairman of the Lynch Foundation
SpouseCarolyn Lynch (m. 1968; died 2015)
Children3

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.[4][5] During his 13-year tenure, assets under management increased from US$18 million to $14 billion.[6]

A proponent of value investing, Lynch wrote and co-authored a number of books and papers on investing strategies, including One Up on Wall Street, published by Simon & Schuster in 1989, which sold over one million copies.[7] He coined a number of well-known mantras of modern individual investing, such as "invest in what you know" and "ten bagger".[8] Lynch has been described as a "legend" by the financial media for his performance record.[6][9]

  1. ^ Cite error: The named reference :0 was invoked but never defined (see the help page).
  2. ^ Schoenberger, Chana R. (7 December 2015). "Peter Lynch, 25 Years Later: It's Not Just 'Invest in What You Know'". Wall Street Journal. wsj.com.
  3. ^ "GARP, PEGS and Peter Lynch". The Guru Investor. 18 September 2009. Archived from the original on 5 March 2016. Retrieved 26 December 2014.
  4. ^ The Intelligent Investor, 2003, Commentary on the Introduction
  5. ^ "AJCU: Peter Lynch". AJCU. Archived from the original on 26 December 2014. Retrieved 15 October 2013.
  6. ^ a b "Mutual Fund Legend Peter Lynch's Advice about Investing". Business Insider. 13 December 2013.
  7. ^ "One up on Wall Street: How to Use What You Already Know to Make Money in the Market (Paperback) | the Book Rack".
  8. ^ Lynch, Peter (2000-04-03). One Up On Wall Street: How To Use What You Already Know To Make Money In The Market (2nd ed.). New York: Simon & Schuster. p. 32. ISBN 978-0-7432-0040-0.
  9. ^ "Business Today: What Made Peter Lynch a Legendary Investor". Business Today. February 2014.

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