PETER LYNCH AND THE MAGELLAN FUND - Peter Lynch Made 2,700% - His Investors Got Almost None of It

Peter Lynch turned $20 million into $14 billion with a 29.2% average annual return — yet the average Magellan investor earned only around 7%. From May 1977 to May 1990, Lynch beat the S&P 500 in 10 of 12 full years and delivered a 2,700% cumulative return, the best 20-year mutual fund record on record as of 2003.Investors chased his performance at every peak and panic-sold at every dip, systematically missing the recoveries that made his record legendary. Lynch retired at 46 — and the fund kept growing, but the returns never came back.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#PeterLynch #MagellanFund #InvestingHistory #StockMarket #FidelityFunds #ValueInvesting #InvestingMistakes #WallStreetHistory #MutualFunds #FinanceShorts