Tag Archives: Peter Lynch

Dec 7, 2015

Survivorship Bias

This morning’s Wall Street Journal interviews Peter Lynch, the legendary and erstwhile manager of the Fidelity Magellan Fund, who, unsurprisingly, turns out to be an advocate of active equity management.  “People accept that active managers can’t beat the market and it’s just not true,” says Mr. Lynch, who certainly did beat the market in his day. In…

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