Peter Lynch is the man who sowed the seeds of quitting early in life in my mind.
I was those days based at Paonta Sahib, reading his second book " Beating The Street " and found that he was talking in past tense. I got worried what had happened to him, looked around a lot in those pre internet days and found that he had quit The Fidelity Magellan Fund, he had run so successfully at a ripe age of 46 years. My first thought was " Why " and then i read this - ( The Preface embedded below ) and suddenly it dawned on me how i needed to pace my life.
In a recent interview with Charlie Rose embedded bellow Peter Lynch , now 73, talks about that decision in detail and the life thereafter. He also shares some of his Investing magic ! ( Credits Hulu.com )
ps - If you get some message that this video cant be viewed, just cross it after the audio starts, it works just fine.
Those who want to read the complete Preface can press the second link !
Copyrights - Peter Lynch, Beating the Street
