![]() ![]() Lynch is famous for teaching people to invest in what they know and understand. He keeps things simple to understand and doesn’t drown the reader in fancy terminology. One of the reasons the book became so famous was due to Lynch’s writing style. Lynch has written numerous books, but One Up On Wall Street was one of the top selling books of its time. This ended-up as the best 20 year return of any mutual fund ever recorded. When looking at this growth from a annual perspective, Lynch produced a 29.2% return each year. During this time, he grew his fund from only $18 million to $14 billion. ![]() In this week’s episode, Preston and Stig discuss what they learned from reading legendary investor Peter Lynch’s book, One Up On Wall Street. Lynch gained his fame as the manager of the Magellan Fund at Fidelity Investments from 1977 through 1990. ![]()
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