Every investment decision he makes stems from a key principle: Invest in what you know. Thankfully, Lynch’s investing strategies are not locked away in a black box, nor are they difficult to replicate. With such a stellar track record, this raises the question: how did Lynch consistently beat the market, and what can we learn from him? If you’d invested $10,000 into the fund on day one, you would have gotten back $280,000 on the day he left! Peter Lynch’s #1 investment principle: Invest in what you know When Lynch retired 13 years later, the fund grew to more than $14 billion in assets.ĭuring his tenure, he averaged a 29.2% annual return, consistently more than twice the S&P 500 index. When he first took over, the fund was small and obscure with only $18 million in assets under management. He attained a legendary status during his time at the investment brokerage Fidelity, where he ran the Magellan Fund from 1977 to 1990. Peter Lynch is one of the most successful and well-known investors of all time. The opinions expressed in this publication are those of the Guest Contributor. This article was submitted by a Guest Contributor.
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