Date: Sat, 18 Jun 2005 05:26:02 CST
From: "Elle" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Who are the Most Distinguished... ?
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"Will Trice"  wrote
> Elle wrote:
> > Who are the most distinguished mutual fund managers, and why are they
> > distinguished?
> >
> > Please mention only those who have done well over ten years or more.
> >
>
> Bill Miller - 14 consecutive years of beating the S&P 500 (so far).

I confirmed this on the net.

> Peter Lynch - 13 consecutive years without a calendar year loss,

I'm not sure what "calendar year loss" means exactly. I do have web sites
that say he beat the S&P 500 11/13 years. From the chart at the link below,
sure looks like 1987's Black Monday took its toll on Magellan for one year.

http://finance.yahoo.com/q/bc?t=my&s=FMAGX&l=on&z=m&q=l&c=&c=%5EGSPC

> overall
> return crushed S&P 500.

If so, I guess it's the reinvested dividends that produced this, because the
chart above from 1987-1990 indicates the S&P 500 crushed FMAGX

But I don't want to nitpick this to death. I trust Peter Lynch did well for
some 13 years, when he retired IIRC, and that is a remarkable record
probably attributable to skill.