Who is Peter Lynch, the genius investor who achieved a 29% annual average return

Peter Lynch (born 1944) is an American investor, mutual fund manager, and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than double the S&P 500 index and making it the best performing mutual fund in the world. 🧠
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During his 13-year tenure, assets under management increased from US$18 million to $14 billion (nearly 1000X). A proponent of value investing, Lynch wrote and co-authored a number of books and papers on investing strategies. Lynch has been described as a "legend" by the financial media for his performance record. 🔮
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Lynch coined some of the best-known mantras of modern individual investing strategies. His most famous investment principle is, "Invest in what you know". He also often said that the individual investor is potentially more capable of making money than a fund manager, because he can spot good investments in his day-to-day life before Wall Street. 🗣️