Joel Tillinghast has picked his share of winning stocks.
The legendary mutual fund manager has run Fidelity Low-Priced Stock since its launch in December 1989.
Since then, the fund has posted an annualized total return of about 13%, trouncing the S&P 500's 10% return over the same time period.
When asked for examples of investments that he learned from, Tillinghast shared two of his best stock picks and one of his worst.
And for those looking to emulate Tillinghast's stock-picking prowess, remember: These aren't stock picks.
Persons:
Joel Tillinghast, he's, Tillinghast
Organizations:
CNBC