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The legendary Fidelity manager’s time-tested investment wisdom remains surprisingly relevant for today’s retirement savers.

Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. Peter Lynch, who managed Fidelity’s Magellan Fund from 1977 to 1990, delivered average annual returns of 29.2% and transformed the fund from $20 million to $14 billion in assets. His straightforward approach to…