Profit like Peter Lynch

How to succeed as a stock market investor? Aspire to be a chameleon. This is not unsubstantiated advice. We are simply asking you to follow in the footsteps of Wall Street's 'chameleon' and investing genius Peter Lynch, who earned this nickname due to his adaptability to different investment styles to suit prevailing market conditions. This adaptability proved to work as the Magellan Fund at Fidelity Investments, managed by Lynch for 13 years, grew investor wealth 27 times from 1977 to 1990. Not only that, the fund reportedly beat the S&P 500 Index in 11 of the 13 years with an average annual return of 29 per cent.