What Peter Lynch Saw FirstPeter Lynch became one of the most respected investors of his generation by doing something that sounds simple but is extremely difficult: finding businesses that were worth more than the market believed. From 1977 to 1990, he managed the Fidelity Magellan Fund and generated an exceptional long-term return. His approach was not about predicting every market move or finding the next hot stock. It was about understanding businesses, identifying changes in their fundamentals, and recognizing when t
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