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Peter Lynch
Peter Lynch (born January 19, 1944) is an American businessman and stock investor. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return,〔(【引用サイトリンク】title=GARP, PEGS and Peter Lynch )〕 consistently more than doubling the S&P 500 market index and making it the best performing mutual fund in the world.〔The Intelligent Investor, 2003, Commentary on the Introduction〕〔(【引用サイトリンク】title=AJCU: Peter Lynch )〕 During his tenure, assets under management increased from $18 million to $14 billion.〔(【引用サイトリンク】title= Mutual Fund Legend Peter Lynch's Advice about Investing )〕 He also co-authored a number of books and papers on investing and coined a number of well known mantras of modern individual investing strategies, such as ''Invest in what you know'' and ''ten bagger''. Lynch is consistently described as a "legend" by the financial media for his performance record,〔〔(【引用サイトリンク】title= Business Today: What Made Peter Lynch a Legendary Investor )〕 and was called "legendary" by Jason Zweig in his 2003 update of Benjamin Graham's book, ''The Intelligent Investor''.〔 ==Early life== In 1951, at age 7, Lynch's father was diagnosed with cancer and died when Lynch was ten. Lynch's mother had to work to support the family. During Lynch's time as a sophomore at Boston College, he used his savings to buy 100 shares of Flying Tiger Airlines at $8 USD per share. The stock would later rise to $80 per share.
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