Peter Lynch is a renowned American investor and mutual fund manager, best known for his tenure at Fidelity Investments where he managed the Magellan Fund from 1977 to 1990. During his leadership, the fund’s assets grew from $18 million to $14 billion, achieving an average annual return of 29.2%, making it one of the most successful mutual funds in history. Lynch is also celebrated for his accessible investment philosophy, outlined in books like One Up on Wall Street, where he encourages individual investors to invest in what they know and understand.
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