For the 13 years, Peter Lynch ran Fidelity’s Magellan® Fund (1977–1990). During that period, he earned a reputation as a top performer, increasing assets under management from $18 million to $14 billion (as of 1990). Since then, Lynch has mentored virtually every equity analyst at Fidelity. He also authored several top-selling books on investing, including One Up on Wall Street and Beating the Street, and has been a generous contributor to the Boston community, the Catholic Schools Foundation and the Inner City Scholarship Fund.

Whether you enjoy picking individual stocks, aspire to it, or prefer to rely on professional management in the form of mutual funds, ETFs, or managed accounts, his plain-spoken wisdom can help you become a better investor.

“In the stock market, the most important organ is the stomach. It’s not the brain.” — Peter Lynch

“More people have lost money waiting for corrections and anticipating corrections than in actual corrections.” — Peter Lynch

“Stocks aren’t lottery tickets. Behind every stock is a company. If the company does well, over time the stocks do well.” — Peter Lynch

Read on www.fidelity.com/viewpoints/investing-ideas/peter-lynch-investment-strategy

Source: FIDELITY VIEWPOINTS – 09/18/2019