Peter Lynch Quotes


My high-tech aversion caused me to make fun of the typical biotech enterprise: $100 million in cash from selling shares, one hundred Ph.D.'s, 99 microscopes, and zero revenues.


Citations

Lynch, Peter, and John Rothchild. Beating the Street. Simon & Schuster, 1993.

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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.