Joel Tillinghast will appear on the next episode of the GuruFocus podcast, where top money managers discuss important issues in investing.
Qualifying as a stock-picking star, Tillinghast has led his Fidelity Low-Priced Stock Fund (Trades, Portfolio) to a 13.69% average annual return since its launch in 1989, against a 9.57% average annual return in its benchmark Russell 2000 index for the same period. With low-priced stocks scarce, he has managed to outperform the market rally of 2017, generating a 12.05% return, compared to an 11.72% rise in the S&P 500 index and 6.36% advance in the Russell 2000.
Now, he will answer some questions from GuruFocus readers. To get Joel’s thoughts on your query about investing, enter it in the comments box below. GuruFocus hosts will ask Joel the reader questions “on air.”
More about Joel
Joel acts as vice president and portfolio manager at Fidelity Investments. His Fidelity Low-Priced Stock Fund (Trades, Portfolio) oversees $37.9 billion in assets, investing primarily in mid-cap stocks.
His investing style seeks to recognize long-term and low-priced value in companies with great fundamentals. The majority of his stocks are priced at or below $35 per share, and he does not discriminate between growth or value.
Top holdings
Book
Joel also released a new book, “Big Money Thinks Small: Biases, Blind Spots and Smarter Investing,” where he teaches investors how to avoid common pitfalls and gives them five steps for a more patient and profitable route:
- Know yourself.
- Make decisions based on your own knowledge, select trustworthy and capable colleagues and collaborators.
- Avoid businesses that seem destined to fail.
- Always search for bargains.
The interview with Mr. Tillinghast takes place next week – don’t forget to add your questions below!
