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Peter Lynch, famed former money manager at Fidelity's Magellan mutual fund, often told investors to buy what they know, meaning to invest in companies that make products or offer services that you're acquainted with. Choosing stocks on gut feel ...
May 22, 2012 at 22:05 | Source: USA Today
Insider buying is also a "big up" for a stock. Legendary investor Peter Lynch, who guided Fidelity Magellan to annualized returns of 29.2% from 1977 to 1990, said there are many reasons for an insider to sell - but only one to buy: the belief ...
May 25, 2012 at 19:45 | Source: NASDAQ
"Fidelity has a lot riding on that fund as it has become a ... 4.5 percent over that time," Kinnel said in a recent research note. At the top of the list is Magellan, whose assets have declined by about $56 billion over the past 10 years.
May 4, 2012 at 23:59 | Source: in.news.yahoo.com
Vinik Asset Management, the Boston-based hedge fund founded by Jeffrey Vinik, who formerly ran the Fidelity Magellan Fund (FMAGX) (FMAGX), cut its SPDR holdings by 12 percent to 2.3 million shares as of March 31, down 300,000 shares from the end ...
May 16, 2012 at 13:58 | Source: Businessweek
Mr. Kiphart now owns over 10,637,170 shares of lime Energy. Investing legend Peter Lynch, who guided Fidelity Magellan to annualized return of 29.2% from 1977 to 1990, has stated there are many reasons for insiders to sell but only one reasons for insiders to buy. 
May 25, 2012 at 15:42 | Source: Small Cap Network
Lynch, who guided Fidelity Magellan to an annualized return of 29.2% from 1977 to 1990, said insiders could sell to pay tuition or to buy a home. Insider sales could also be part of pre-planned financial diversification program for a personal portfolio. 
May 29, 2012 at 13:07 | Source: Small Cap Network
On the other side of the gold trade, Vinik Asset Management, founded by Jeffrey Vinik, former manager of Fidelity Magellan Fund, sold 300,000 shares of SPDR Gold in the quarter, leaving its stake at 2.3 million shares. Steven Cohen’s SAC ...
May 17, 2012 at 12:17 | Source: Moneynews (blog)