Beating the Street Characters & Character Analysis

Beating the Street Important People

Investors

Investors are the target audience of this stock-picking advice book. In recent decades, investors have shied away from buying stocks and have preferred investing in bonds or mutual funds. Lynch wrote this book to convince investors to head back to the stock market. He urges the cautious investor to give stocks a try by demonstrating that a long-term investment in the stock market will almost certainly pay off. He shows how investing in an established, solid company can result in long-term gains that could double or even triple the returns of a bond. The ups and downs of the stock market are largely made irrelevant by long term investment.

Fund Managers

Peter Lynch managed the Magellan Fund. A mutual fund is basically a pool in which many investors have deposited their money. The fund managers then invest the money in various stocks and other investments depending on the type of fund. An...
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