

The first type of company is called fast growers.įast growers are companies that have proven to be able to grow their earnings per share by about 25% a year on average. In Peter Lynch’s one up on wall street, he views investments in the stock market based on six types of companies. Peter Lynch One Up on Wall Street Key Takeaways: He managed the Magellan Fund at Fidelity Investments between 19 and returned an average of 29.2% per year in those times. Peter Lynch is a legendary value investor that has one of the best investing track records ever. I probably first read the book when I was about the age of 20 or 21, and now, after about five years in the market, I can tell you that the lessons hold. Peter Lynch’s one up on wall street book was one of the first investing books that I read.
