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Fidelity Magellan Fund

Learning From the (Not So Sad) Saga of Jeffrey Vinik

Dan Solin | Posted 07.14.2013 | Business
Dan Solin

Vinik earned enormous fees. He purchased the ultimate big boy toy, a professional hockey team, the Tampa Bay Lightning. He also is a minority investor in the Boston Red Sox. Clearly, Vinik was back on his game. Or was he?

Mutual Fund Fees Meet Bizzaro World

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

How is an investor supposed to pick the winners from the losers, when the vast majority of actively managed funds (over 95%) will under perform their benchmark over a ten year period?