A Tour of the Fund House: Peter Lynch's Guide to Mutual Funds
Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5
Mutual funds were supposed to make investing easy. Instead of picking stocks yourself, you just pick a fund. But here’s the thing. By the early ’90s there were more mutual funds than individual stocks on the New York and American exchanges combined. So now you had to pick from 3,565 funds. The confusion didn’t go away. It multiplied.