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Top related persons:
CNBC's Jim Cramer - 1 Cramer - 1 Fidelity's Magellan - 1 Jack Daniels - 1
Top related locs:
Philadelphia
Top related orgs:
Tallahassee Democrat - 1 Los Angeles Herald Examiner - 1 Fidelity Magellan Fund - 1

Search resuls for: "Fidelity's Magellan"


3 mentions found


☆ Jim Cramer's guide to investing: Save money and try to invest when you can
  + stars: | 2024-03-11 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
CNBC's Jim Cramer said saving is the most important thing for investors, no matter how much they are making or what stage of life they're in. "I want you to save no matter what the excuse. As a teenager, Cramer opened an account with Fidelity's Magellan fund, which he said was one of the best-performing mutual funds of its time. He began saving money he made as an ice cream vendor at a stadium in Philadelphia. But he didn't save much in college, with his work-study pay going towards tuition and room and board.
Persons: CNBC's Jim Cramer, Cramer, Fidelity's Magellan, Jack Daniels Organizations: Tallahassee Democrat, Los Angeles Herald Examiner, Fidelity Magellan Fund Locations: Philadelphia
☆ Legendary investor Peter Lynch kicks himself for missing Apple when even tech skeptic Warren Buffett bought the stock years ago
  + stars: | 2023-04-26 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +3 min
Peter Lynch regrets not investing in Apple when even tech-skeptic Warren Buffett saw its potential. Buffett's company counts its $150 billion Apple stake as the top holding in its stock portfolio. "He bought Apple," Lynch said about Buffett, the 92-year-old investor who runs Berkshire Hathaway. It also counts Apple as easily the most-valuable holding in its $300 billion stock portfolio. Along with Apple, Lynch said he regretted not taking a closer look at Nvidia.
☆ Peter Lynch says his investing strategy still works today, but you have to do your homework
  + stars: | 2023-04-25 | by ( Michelle Fox | ) www.cnbc.com   time to read: +1 min
Legendary fund manager Peter Lynch says many investors buying individual stocks today are getting it wrong. His investment strategy has long been to buy what you know — and look for companies poised to grow. He said he still believes that approach works, but investors must do their homework. Lynch, 79, managed Fidelity's Magellan Fund from 1977 to 1990 and is now vice chairman, Fidelity Management & Research. During his time at Magellan Fund, the fund saw annualized return of 29.2% and its assets under management jumped from $20 million to $14 billion.
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