Peter Lynch Quotes


During the Gold Rush, most would-be miners lost money, but people who sold them picks, shovels, tents and blue-jeans (Levi Strauss) made a nice profit.


Citations

Lynch, Peter, and John Rothchild. One Up on Wall Street. Simon & Schuster, 1989.

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Peter Lynch
Peter Lynch
  • Born: January 19, 1944
  • Nationality: American
  • Profession: Investor, Mutual Fund Manager, Philanthropist

Peter Lynch is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world. During his 13-year tenure, assets under management increased from US$18 million to $14 billion.