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Friday, April 26, 2024

The manager of Fidelity’s $22 billion Magellan Fund shares the 7 best pieces of advice he learned from his legendary predecessor Peter Lynch — and explains how they’re shaping his portfolio right now

Sammy Simnegar has always embraced pressure. Growing up, it came on the basketball court. He always wanted the responsibility of having the ball at the end of the game — win or lose. Fast-forward a few decades, and the pressure Simnegar faces is far greater. Today, he’s the sole manager of over $22 …

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