Fidelity Management & Research Company
Peter Lynch is vice chairman of Fidelity Management & Research Company, the investment advisor arm of Fidelity Investments, and a member of the Board of Trustees of the Fidelity funds. He was portfolio manager of Fidelity's Magellan Fund, which was the best performing fund in the world under his leadership from May 1977 to May 1990. When he took over Magellan Fund, it had $20 million in assets. By the time he retired from the fund, it had grown to over $14 billion in assets and had over a million shareholders. Mr. Lynch joined Fidelity in 1969 as a research analyst and was later named director of research. During his tenure at Fidelity, he has served as a managing director of Fidelity Investments, an executive vice president and director of Fidelity Management & Research Company, and a leader of the growth equity group. He is the author of the bestseller, One Up on Wall Street, and his second book Beating The Street, remained No. 1 on The New York Times best-seller list for eight weeks. Mr. Lynch also co-authored Learn to Earn, a beginner's guide to the basics of investing and business. In July 1997, he finished a CD ROM called The Stock Shop which offers research tools investors can use to examine companies for their own stock portfolios. Mr. Lynch received a BS degree from Boston College in 1965 and an MBA from The Wharton School at the University of Pennsylvania.