Why Peter Lynch Would Love Netflix

Peter Lynch made the stock market more accessible to investors through his two classic books, One Up on Wall Street and Beating the Street. They described an investment philosophy for finding and buying winning stocks that anyone could understand.

Lynch's common-sense approach to investing suggested looking for companies that were easy to understand or which everyone knew, and then diving deep into their business to research their strengths.

For the 13 years he ran the Fidelity Magellan Fund, Lynch averaged a 29% annual return that consistently more than doubled the return of the S&P 500 market index. Here's why the investing great would surely love Netflix (NASDAQ: NFLX) today.

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Source Fool.com