EPISODE · Nov 16, 2007 · 57 MIN
TRADING PLACES: How one man walked away from power and prestige to truly have it all
from The Rugby Rabbi's podcast · host rugbyrabbi
In his brief tenure as manager of the world renowned Magellan Fund, Morris Smith achieved a level of success that most others can only dream of - he held one of the most profitable and prestigious positions on Wall Street, controlling billions of dollars in what was then the world's largest mutual fund. Smith took over the Magellan Fund in 1990 from the legendary Peter Lynch, who had transformed the once little-known mutual fund into the world's largest and among the most profitable. Lynch had built up Magellan from just $20 million when he took the helm in 1977 to $13 billion when he resigned 13 years later.
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TRADING PLACES: How one man walked away from power and prestige to truly have it all
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