BRYN MAWR, PA - May 18, 2009 --
The American College announced today that leading investor and market analyst Peter Lynch will be a featured presenter at the institution's annual Knowledge Summit in Boston this fall. On Thursday, October 29, Lynch, who is best known for his "must-read" books on investing and his exceptional management of the Fidelity Magellan Fund, will present "Economic Turbulence and Long-Term Investing: What to do Now?"
Lynch oversaw the Fidelity Magellan Fund from 1977 to 1990. During that time, he expanded the Fund's assets from $20 million to $14 billion and beat the S&P 500 Index benchmark 11 of those 13 years.
"Peter Lynch is one of the most successful investors in the world," said Larry Barton, Ph.D., President and CEO of The American College. "We are delighted to offer our Knowledge Summit attendees this once-in-a-lifetime opportunity to learn, grow and profit from Peter's expertise."
Lynch graduated from Boston College with a degree in finance in 1965. Before earning his MBA from the Wharton School of Business at the University of Pennsylvania in 1968, he served two years in the military.
Lynch began his career at Fidelity as an intern during his time at Boston College, and in 1969, became an investment analyst. He served as Fidelity's director of research from 1974 to 1977 and then became the manager of what was then the little-known Magellan Fund. He oversaw the successful Fund until his retirement in 1990.
During his time at Fidelity, Lynch was reknowned for having a grueling work ethic and for being a professional that could adapt to any economic environment. Since retiring, Lynch has been actively involved in numerous philanthropic efforts. After his retirement until 2007, he served as vice-chairman of Fidelity's investment advisor, Fidelity Management & Research Company.
Lynch has two books that are considered "must-reads" for any investor that hopes to invest wisely and profit in any economy, "One Up on Wall Street" (1989), and "Beating the Street" (1993). Lynch is also the author of "Learn to Earn" (1996), which he geared toward teens, and countless articles for Barron's and Worth magazines.
The American College annual Knowledge Summit is the premiere educational event of the year for financial professionals at any stage of their career. The conference offers insight from the top thought leaders in the industry and the highest quality continuing education. Held in a different location each year, the 2009 Summit will take place in Boston, Massachusetts from October 28-30. For more information, visit TheAmericanCollege.edu/Summit2009
The American College is dedicated to leadership in innovative training and development that helps financial services companies and their employees succeed. As a non-profit educational institution holding the highest level of academic accreditation, The College has served as a valued business partner to banks, brokerage firms, insurance companies and others for over 82 years. The American College's faculty represents some of the financial services industry's foremost thought leaders. For more information, visit TheAmericanCollege.edu