1969, Lynch entered fidelity company. From 1977 to 1990, he has been the Magellan fund manager of Fidelity. During the period of 13, he increased the assets managed by Magellan Fund from $20 million to1400 million, with an average annual compound interest of 29%, making Magellan Fund the most successful fund in the world and ranking first in investment performance.
1990, Peter Lynch retired and began to sum up his investment experience. He has written Peter Lynch's Successful Investment, Overcoming Wall Street, and Peter Lynch Teach You to Manage Money, which caused a sensation on Wall Street.