In 1977, legendary fund manager Peter Lynch was named head of the then-obscure Magellan Fund which had $18 million in assets. By the time Lynch resigned as a fund manager in 1990, the fund had grown to more than $14 billion in assets with more than 1,000 individual stock positions. From 1977 until 1990, the Magellan fund averaged a 29.2% return.
In the video below Lynch shows investors how they too can beat the market.
In the video below Lynch shows investors how they too can beat the market.
