Homepage / Wise Investors: Free Market Capitalists / Peter Lynch

---

---

---

Investment Guru - Peter Lynch

Investment Guru - Peter Lynch is known for his outstanding achievements as the manager of the Fidelity Magellan Fund from 1977 to 1990.

He has shown his expertise in the field of investment by using a common sense approach to picking stocks.

History

Peter Lynch was born on January 19, 1944, in Newton, Massachusetts, a suburb of Boston.

He did not have an easy childhood, as one may think when they hear of a successful Wall Street fund manager.

When Peter was a young boy, his father died at the age of 46 from cancer. 

He helps his mother with the finances during this hard time by working odd jobs.  One of those odd jobs was that of a golf caddy at Brae Burn Golf Club in his hometown of Newton.

The job was a blessing because it helped him meet many Wall Street investors.

After repeatedly caddying for them, he picked up on the investment language and some strategies for investing by listening to their conversations.

Peter's caddying earned him the Frances Wimen Scholarship, a financial aid scholarship that ultimately helped him get a degree in finance from Boston College in 1965.

In 1966, he joined Fidelity as an intern, and in 1968, he earned a Master's degree in Business Administration from the Wharton School of the University of Pennsylvania.

After serving two years in the Army, Fidelity hired Peter as a full-time investment analyst; shortly thereafter, he became the head of their textiles, mining, metals, and chemicals investment sector.

Eventually, he became the firm's director of research, a position he held from 1974 to 1977. Then, in 1977, he was named manager of the little-known Magellan Fund, which had $18 million in assets.

Over the next 13 years, Peter Lynch grew the Magellan Fund into one of the top asset funds in the world, with a 29.2% average annual return.

By the time Lynch resigned as a fund manager in 1990, the Magellan Fund had grown to more than $14 billion in assets with more than 1,000 individual stock positions.

Investing

Here are some of Investment Guru - Peter Lynch's fundamental principles for his investing process.

• Invest in what you know.
• Identify and recognize exceptional investments.
• Don't buy on impulse or emotion
• Avoid long shots.
• Be flexible and humble, and learn from mistakes.
• Before you invest, you should be able to explain why you're buying it.

Peter Lynch bought stocks he knew and could easily understand. He dedicated himself to doing his homework on a stock, leaving no stone unturned when researching a stock.

He would concentrate on the company's management and fundamentals and not follow what the whole market was doing.  One of Peter's best quotes is: "Investing without research is like playing stud poker and never looking at the cards."

Investment Guru - Peter Lynch's Articles & Commentary

The video below comes from Fidelity Investments. In the video, Peter Lynch goes in-depth into his investment strategy.

2010

Peter Lynch interview with Frontline  - (interview)

A Good Place To Be  - (interview)

Investment guru Lynch funds US education initiative

2009

Beating The Dalal Street  - (interview)

Other pages, on this Guide, that you
may like...

Bullion Discounts Silver Bullion Buying Guide / Dealers Dow to Gold Ratio 1 oz. Mexican Gold Libertad Israel Bullion Gold to Silver Ratio The Perth Mint & Australian Bullion Price Inflation 1 kilo. Mexican Silver Libertad Junk Silver Buying Guide Vault Storage Brokerages Bretton Woods Establishing the Gold Standard of the 20th Century Bullion Coin Anatomy 1 oz. American Eagle Gold Bullion Coin Johnson Matthey Bullion Refiner The Royal Mint & United Kingdom Bullion The Royal Canadian Mint & Canadian Bullion 1 oz. Australian Silver Kookaburra Bullion Coin

Understanding Gold Nanoparticle Cancer Research 1 oz. American Eagle Silver Bullion Coin Gold Price Charts Vault Storage of Assets Bullion Market & Financial Forums 1 oz. Canadian Silver Maple Leaf Bullion Coin Engelhard Bullion Refiner Bullion Guide Blog The U.S. Mint & U.S. Bullion Coins Silver Price Charts Troy a System of Weight Home Safes Buying Guide Graded Bullion Coins Buying Guide The Mexican Mint & Mexican Bullion Home Page with Bullion Market News 1 oz. Australian Gold Kangaroo Bullion Coin Free-Market Capitalism & Capitalists South African Gold Krugerrand United Kingdom's Silver Britannia Bullion Coin

Investment Guru - Peter Lynch

For Bullion Market News...

Visit the Homepage

Please Donate to Support this Guide & Paypal Thank You for Your Support

Follow @BullionGuide Tweet Free Bullion Investment Guide

Free-Bullion-Investment-Guide "Search" search engine by freefind advanced

ShareFacebookXPinterestTumblrRedditWhatsApp