Since his fund, Fidelity Low-Priced Stock, launched in December 1989, investors have enjoyed an annualized total return of about 13%.
The same investment in an S&P 500 index fund would be worth about $25,000.
How do you define a value stock?
Joel Tillinghast Lead manager, Fidelity Low-Priced StockThere's so much more information through news media and Wall Street.
Put it in the index fund or find a better manager.
Persons:
Joel Tillinghast, you'd, Tillinghast, — Morgan Peck, Sam Chamovitz —, they're, Russell, Sam Chamovitz, You've, Warren Buffett, Will Danoff
Organizations:
Fame, Fidelity, Morningstar Direct, CNBC, Street, Beverage
Locations:
Tillinghast's, Japan