Friday, February 17, 2012

Learn To Earn - Book Review

Learn to Earn is written by Peter Lynch who is without much argument the best mutual fund manager of all time. In 1977, Lynch was named head of Magellan Fund which had $18 million in assets. From 1977 until his retirement in 1990, the Magellan Fund grew to more than $14 billion in assets. In those 13 years, the fund averaged a 29.2% average annual compound interest.

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