Peter Lynch

Peter Lynch

Peter Lynch is the world's most outstanding professional stock investor and a wealth gathering giant in the Wall Street stock market. The investment return rate he achieved during his tenure at the Magellan Fund has been unparalleled in the history of the

2019-03-30  

Peter Lynch is the world's most outstanding professional stock investor and a wealth gathering giant in the Wall Street stock market. The investment return rate he achieved during his tenure at the Magellan Fund has been unparalleled in the history of the stock market. The fund has also become the most successful fund in the world. Peter Lynch was born in 1944 and began investing at the age of 15 to earn tuition fees. In 1968, he graduated from the Wharton School of Business at the University of Pennsylvania with an MBA degree. In 1969, Lynch entered Fidelity Corporation, the world's largest investment fund management company. From 1977 to 1990, he served as the manager of the Magellan Fund under Fidelity Corporation. During these 13 years, he increased the assets under management of the Magellan Fund from $20 million to $14 billion, with an average annual compound interest rate of 29%, which was almost unparalleled. As a result, the Magellan Fund became the world's largest fund under asset management at that time, and its investment performance ranked first. In 1990, Peter Lynch voluntarily resigned and returned to his family, and began to summarize his investment experience. He successively wrote about Peter Lynch's successful investments, defeating Wall Street, and teaching you financial management, which caused a sensation on Wall Street. Compared to most financial professionals on Wall Street, Peter Lynch, known as the stock angel, is gentle and even a bit shy, but these cannot conceal his legendary experiences and wisdom displayed in the stock market. Peter Lynch is known as the first wealth manager by the most famous Time magazine in the United States, and he is also known as the leading fund manager and investment superstar. Newberg, the father of American mutual funds, believes that Buffett and Lynch are the two greatest investors in modern society. Along with Soros, he wanted to use the term 'genius' to describe them. However, if asked to choose who is the most perfect, overall, I would only choose Peter Lynch. His character can be called number one; He is like the Hercules in Greek mythology, a divine figure on Wall Street. Another thing I admire is that he knows when to quit and return to his family.