The Terrifying Reproduction of Wealth

Author: Zhang Zhixiang Chen Jing
Publisher:
Publish Date: 2003-12-01
Features: Peter Lynch is a household name on Wall Street in the United States. When he first took over as the CEO of the Magellan Fund in May 1977, the company's total assets were only $20 million. By the time he left in 1990, the company's assets had grown to $9 billion. From $20 million to $9 billion, in just 13 years, Peter Lynch increased the Magellan Fund's total assets by 450 times, with an average annual growth rate close to 30%. Such remarkable performance is unattainable for many fund managers, and the figure is astonishing. Therefore, U.S. Time magazine called Peter Lynch a "financial wizard," and some even hailed him as a "superstar of stock investing." Peter Lynch's success lies in his unique investment philosophy and techniques for stocks. This book, based on Peter Lynch's experience, systematically analyzes and introduces Lynch's stock investment theories and practical experiences, making it a valuable reference for stock investors.