In today's video, I'd like to share the 64 most important investing lessons that I learned from Peter Lynch. If you aren't familiar with him, he was born in the United States in 1944, and he's a successful investor, mutual fund manager, and philanthropist. Lynch wrote the books One Up on Wall Street and Beating the Street. The former is my favorite book of all time. Lynch delivered a 29% annual return between 1977 and 1990 as manager of Fidelity's Magellan Fund. Over 13 years, he was able to beat the return of the S&P 500 by over double, propelling the Magellan Fund to become the top-performing mutual fund in the world. It grew from $18 million to $14 billion in assets under management in just 13 years!
Lynch is best known for investing in growth at a reasonable price, but the lessons he teaches can be applied to all investing strategies. In the below video, I share my favorite lessons learned, such as compounding, psychology, and stock picking strategies. If you are a long-term investor, you will want to watch this 32-minute video in its full duration.
*Stock prices used in the below video were during the trading day of March 9, 2022. The video was published on March 9, 2022.
