Heavy storehouse average, his Magellan fund is a resource growth of funds.

重仓买进，他的麦哲伦基金就是一个资源成长型的基金。

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"People say they're afraid of a stock market crash," said Mr. Lynch, the former manager of Fidelity's Magellan fund. "Well, we've already had a crash."

“人们都说他们害怕股市暴跌，”这位前富达麦哲伦基金(Fidelitys Magellan fund)的基金经理林奇先生说，“好吧，我们已经遭受了股市暴跌。”

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When Jeffrey Vinik, the manager of Fidelity's flagship Magellan fund, pulled such a stunt in 1995, investors were predictably outraged.

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Yet the abysmal performance of Magellan Fund in the interim is mute testimony to the impossibility of picking winners in advance.

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Peter Lynch, maestro of the Fidelity Magellan Fund in its heyday, famously said that you should invest in what you know.

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