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Legendary Investor Peter Lynch Shuns AI Stocks Despite Sector Boom
17 Nov
Summary
- Veteran investor Peter Lynch has no AI stocks in his portfolio
- Lynch managed Fidelity Magellan Fund with 29.2% average annual return
- Lynch says he struggles to understand technology, prefers thorough company analysis

As of November 17, 2025, renowned investor Peter Lynch has disclosed that he does not hold any artificial intelligence (AI) stocks in his portfolio, despite the sector's recent surge. Lynch, who is well-known for his successful 13-year stint at the helm of the Fidelity Magellan Fund during the 1980s, where he achieved an average annual return of 29.2%, has been watching the AI boom from the sidelines.
In a recent podcast appearance, Lynch confessed that he has "zero AI stocks" and that he "literally couldn't pronounce Nvidia until about eight months ago." The veteran investor, who is known for his investment philosophy of thoroughly understanding the companies he invests in, as outlined in his book "One Up on Wall Street," has refrained from participating in the AI investment frenzy.




