‘Couldn’t pronounce Nvidia’ until 8 months ago

Legendary investor Peter Lynch built a reputation for routinely beating the market while overseeing Fidelity Magellan Fund in the 1980s. Decades later, he has some advice for the next generation of investors. The artificial intelligence boom has dominated the market for the past three years, but Lynch, who averaged a 29.2% annual return in his 13 years at the helm of Magellan until 1990, has been happy to watch from the sidelines. “I have zero AI stocks,” Lynch said on “The Compound and Friends” podcast with investor Josh Brown . “I literally couldn’t pronounce Nvidia until about eight months ago.”…