To The Moon

Peter Lynch 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 stock market index and making it the best-performing mutual fund in the world.During his 13-year tenure, assets under management increased from US$18 million to $14 billion.His most famous investment principle is, “invest in what you know,” popularizing the economic concept of “local knowledge”. Since most people tend to become experts in certain fields, applying this basic “invest in what you know” principle helps individual investors find good undervalued stocks. Lynch uses this principle as a starting point for investors. He has also often s