True, Peter was able to do some things that really are much harder today:
1. Invest in micro and small cap names when the Magellan fund was not available to the public (thus really juicing long-term performance numbers);
2. Invest where ever he wanted, no M* style boxes.
Still 
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Thanks for contributing to this small fry's Tweet Jim - I appreciate it. And thanks for the information! Peter certainly was pragmatic in his endeavors, and lucky! I'm unsure I'd have the passion I do had things turned out differently for him... So consider me lucky too.
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1/Agreed. Peter actually attributes a lot of his early success to the low valuations of his stocks. He wrote in Beating the Street "No wonder Magellan had a good beginning. My top 10 stocks in 1978 had p/e ratios between 4 and 6, and in 1979, of between 3 and 5. When stocks in
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2/good companies are selling at 3-6 times earnings, the stockpicker can hardly lose."
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As someone who worked for the guy, you are full of it. Things are much more complex and interesting in real life.
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Hey Joe, thanks for commenting. I'm incredibly envious that you worked for Peter. What a treat that must've been.
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