Have you ever been asked this question when you tell someone that you are an investor in the stock market?
“Aren’t there many professionals out there who dedicate their lives to the stock market in this area? What makes you think you can beat those guys at their own game?”
Says everyone I have ever met
I know I’ve been asked this question countless times, albeit with certain words being paraphrased.
However, the main message is clear.
Can the average retail investor beat the pros at their own game ?
In One Up on Wall Street, the legendary investor, Peter Lynch, revealed how his ‘amateur’ approach in managing Fidelity’s multibillion-dollar Magellan Fund led him to become one of America’s number one money managers, and, one of the most successful investors of all time.
From May of 1977 through May of 1990 Lynch captained Magellan to an annualized