Search results
Results From The WOW.Com Content Network
Peter Lynch never said to invest in the stock market. The legendary former Fidelity Magellan fund manager and author of the pioneering book on investing “One Up On Wall Street,” which will ...
Peter Lynch (born January 19, 1944) [1] is an American investor, mutual fund manager, author and philanthropist. As the manager of the Magellan Fund [ 2 ] at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, [ 3 ] consistently more than double the S&P 500 stock market index and making it the best-performing ...
A multibagger stock is an equity stock which gives a return of more than 100%. The term was coined by Peter Lynch in his 1988 book One Up on Wall Street and comes from baseball where "bags" or "bases" that a runner reaches are the measure of the success of a play. [1] For example, a ten bagger is a stock which gives returns equal to 10 times ...
Lynch told Rose that the stock market’s price-to-earnings (P/E) ratio had fluctuated from 10 to 20 since the end of WWII. And if the valuation was closer to the upper end of that range, it was ...
The Fidelity Magellan Fund ( Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. [ 1] It is perhaps the world's best-known actively managed mutual fund, known particularly for its record-setting growth under the management of Peter Lynch from 1977 to 1990. [ 2] On January 14, 2008, Fidelity announced that the ...
Below are three simple lessons from Lynch that will assist ordinary investors in their quest to beat the market: 1. Do the work. Peter Lynch is very well known, of course, for recommending that ...
Read Next: I’m a Self-Made Millionaire: 5 Stocks You Shouldn’t Sell. Learn More: 4 Genius Things All Wealthy People Do With Their Money. The bulk of Lynch’s fortune was made through investments.
However, according to Peter Lynch, one of the most famous investors of all time who averaged a 29.2% annual return for the Magellan Fund between 1977 and 1990, cyclical stocks are normally value ...