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Peter Lynch's Decision framework

Overview

Managed Fidelity Magellan through one of the most famous mutual fund runs.

Style

Growth at a reasonable price, consumer insight, company stories

Firm

Fidelity Magellan Fund

Period

1944-

Peter Lynch

Decision framework

A practical checklist for turning philosophy into action.

Beginner decision framework

When studying Peter Lynch, convert the style into a clear process before using real capital. A process keeps decisions from being driven only by news or emotion.

Do I understand this asset or business?

What is the main edge or thesis?

What would prove me wrong?

If wrong, how much can I lose and can I recover?

Does this decision fit my time horizon and temperament?