How Peter Lynch made 30x in 13 years in the Stock Market

Simplicity is key.

Photo by Artiom Vallat on Unsplash

Peter Lynch is an American investor that managed the Magellan Fund at Fidelity Investments between 1977–1990. Under his management, the fund increased from $18 million to $14 billion, with a 29.2% annual return; greater than double the average return of the S&P 500 during that period.