Peter Lynch

Easton Press Peter Lynch books

One Up On Wall Street - Signed Limited Edition - 2003
Beating The Street - 2003

 

Investor Peter Lynch

Peter Lynch, born on January 19, 1944, in Newton, Massachusetts, is a renowned investor and former mutual fund manager who achieved legendary status during his tenure at Fidelity Investments. Lynch's successful investment strategies and his tenure as manager of the Fidelity Magellan Fund have made him one of the most influential figures in the world of finance. Lynch began his career in finance after earning a Master of Business Administration (MBA) from the Wharton School of the University of Pennsylvania in 1968. He joined Fidelity Investments in 1969 as an analyst and quickly rose through the ranks, becoming the manager of the Fidelity Magellan Fund in 1977.

Under Lynch's leadership, the Magellan Fund experienced remarkable growth, consistently outperforming the market and its peers. Lynch's investment approach was characterized by thorough research, a focus on understanding companies and industries, and a willingness to invest in companies with growth potential that he believed were undervalued by the market. Lynch's investment philosophy can be summed up in his famous mantra, "Invest in what you know." He believed that individual investors could achieve success by investing in companies whose products and services they understood and used in their everyday lives. During Lynch's tenure, the Fidelity Magellan Fund became the largest and most successful mutual fund in the world, with assets under management growing from $18 million to over $14 billion. Lynch's track record of consistently delivering high returns earned him widespread acclaim and made him a trusted voice in the investment community.

In addition to his work at Fidelity, Lynch is also an author and philanthropist. He has written several bestselling books on investing, including One Up On Wall Street and Beating the Street, in which he shares his investment insights and strategies with individual investors. After retiring from Fidelity in 1990, Lynch has remained active in the financial industry as a consultant, speaker, and mentor to aspiring investors. He continues to be regarded as one of the most successful and respected investors of all time, with a legacy that has left a lasting impact on the world of finance.