He died three years later, and Lynch's mother had to work to support the family. In 1951, when Lynch was seven, his father was diagnosed with cancer. Peter Lynch was born on Januin Newton, Massachusetts. Lynch has been described as a "legend" by the financial media for his performance record. He coined a number of well-known mantras of modern individual investing, such as invest in what you know and ten bagger. Ī 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. During his 13-year tenure, assets under management increased from US$18 million to $14 billion. As the manager of the Magellan Fund at Fidelity Investments between 19, 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. Peter Lynch (born January 19, 1944) is an American investor, mutual fund manager, and philanthropist. Investor, mutual fund manager, philanthropist The Wharton School of the University of Pennsylvania (MBA)
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |