Excess Returns
Excess Returns
Jan 10, 2021
Breaking Down the Investment Strategy of Peter Lynch
Play • 22 min

Peter Lynch is one of the most successful mutual fund managers of all time. Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. And he did it with an approach that is very unique among history's most successful investors. 

In its paper Superstar Investors, AQR tried to use factors explain the historical performance of some of the best investors of all time, and Lynch's performance was the most difficult to explain using that framework. 

In this episode, we look at Lynch's approach to investing and our quantitative strategy based on him, which we extracted from his book One Up On Wall Street. We also look at why his strategy is so difficult to quantify. 

We hope you enjoy the discussion. 

ABOUT THE PODCAST

Excess Returns is an investing podcast hosted by Jack Forehand (@practicalquant) and Justin Carbonneau (@jjcarbonneau), partners at Validea. Justin and Jack discuss a wide range of investing topics including factor investing, value investing, momentum investing, multi-factor investing, trend following, market valuation and more with the goal of helping those who watch and listen become better long term investors.

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Planet MicroCap Podcast | MicroCap Investing Strategies
Planet MicroCap Podcast | MicroCap Investing Strategies
SNN Network
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The Acquirers Podcast
The Acquirers Podcast
Tobias Carlisle
Alpha Europe: Drew Dickson on European behavioral investing with Tobias on Acquirers Podcast
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Let's Talk ETFs
Seeking Alpha
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InvestED: The Rule #1 Investing Podcast
InvestED: The Rule #1 Investing Podcast
Phil Town & Danielle Town
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47 min
The Razor's Edge
The Razor's Edge
Shortman Studios
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The Rational Reminder Podcast
The Rational Reminder Podcast
Benjamin Felix & Cameron Passmore
David Blanchett: Researching Retirement (EP.137)
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53 min
Top Traders Unplugged
Top Traders Unplugged
Niels Kaastrup-Larsen
128 Systematic Investor Series ft Jerry Parker – February 22nd, 2021
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1 hr 18 min
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