The Wit and Wisdom of Peter Lynch

Peter Lynch ran Fidelity’s Magellan Fund from 1977 to 1990 and compounded money at 29.2 per cent a year while doing it. In 1994 he stood in front of the National Press Club in Washington and explained what he had learned, and what an ordinary investor should do...

How to Manage Luck and Skill

Luck and skill in investing are easy to name and hard to separate. In this companion piece to the latest Sweat Your Assets podcast and YouTube episode, Michael Mauboussin offers a simple test to locate any activity on the continuum between pure chance and pure skill,...

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