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Peter Lynch, known for his success managing the Magellan fund at Fidelity from 1977 to 1990 with a 29.2 percent annual return, is considered an investing master. His book, "One Up on Wall Street," is a must-read for value investors and a best-selling stock market book. Despite his limited interviews, his old commentary provides insightful information applicable to current market conditions in 2023. High inflation and rising interest rates are key issues impacting asset prices like stocks and real estate for the foreseeable future according to Lynch's perspective.
