About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in ...

Investing legend Peter Lynch managed Fidelity’s Magellan Fund from 1977 to 1990, delivering an astonishing average annual return of 29.2%, turning a $10,000 investment into over $280,000.

Peter Lynch, the former portfolio manager of Fidelity Magellan Fund, has long warned investors against what he calls diworsification: cluttering a portfolio with too many investments. I think many ...