Peter Lynch was one of the most valuable, representative and employed fund managers with the highest return on investment on Wall Street in the 20th century. He was the helmsman of Fidelity Investment Group's Magellan Fund. He was called "the world's number one financial planner", "the leading fund manager" and "the superstar of the American investment community" by the American financial community.
Investment guru Newberg believes that Peter Lynch is one of the greatest investors in contemporary society. During his decades of professional stock investment career, especially since he took over and expanded the Magellan Fund in 1977, Peter Lynch has done extremely well in the stock business. Not only has Magellan become the largest mutual fund in history, its assets have grown from US$20 million to US$14 billion, with an average annual compound return rate of 29% in 13 years, but it has also increased the company's investment quota from only 40 stocks to 1,400. Peter Lynch also gained a lot from this, and his amazing achievements made him famous in the financial world.
Reader comments
The ideas mentioned in this book are very inspiring. Just like Peter Lynch discovered investment opportunities from life, we can also find potential stocks from familiar things around us. For example, I have a friend who is a car salesman. He knows the automobile industry very well, so it is easier to seize related opportunities when investing. Moreover, the book also mentioned that all kinds of information in daily life may be helpful to investment. This reminds me that sometimes we ignore some details around us. In fact, these details may also be clues to investment. In short, this book not only has theory, but also evokes many associations, which is quite practical.
The ideas mentioned in this book are very inspiring. Just like Peter Lynch discovered investment opportunities from life, we can also find potential stocks from familiar things around us. For example, I have a friend who is a car salesman. He knows the automobile industry very well, so it is easier to seize related opportunities when investing. Moreover, the book also mentioned that all kinds of information in daily life may be helpful to investment. This reminds me that sometimes we ignore some details around us. In fact, these details may also be clues to investment. In short, this book not only has theory, but also evokes many associations, which is quite practical.
Good book, benefited a lot
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