5 Investing Tips From Peter Lynch

Warren Buffett may be the world's most-mimicked investor, but he's not the only proven stock-picker we can learn from. Peter Lynch, lead manager of the Fidelity Magellan Fund (NASDAQMUTFUND: FMAGX) between 1977 and 1990, can offer investors some worthy tips, too.

And they'd be wise to listen. His average annual gain during that period was nearly 30%, easily outpacing the S&P 500's typical performance during that 13-year stretch. In fact, the Magellan fund beat the broad market in 11 of those 13 years.

Here's a rundown of his top five nuggets of wisdom for anyone else looking to outperform the indexes.

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Source Fool.com