Joel Tillinghast

Portfolio manager at Fidelity Investments, Joel Tillinghast, discusses his journey to Fidelity, investing strategies, and the importance of staying informed. He also explores the concept of data analysis, active vs passive investing, and achieving market-leading outcomes. Tillinghast shares insights on teaching the next generation of fund managers and reflects on the unpredictability of investing.

Joel Tillinghast, a legendary Fidelity fund manager, shares his journey from an eight-year-old investment enthusiast to a market-beating powerhouse. He discusses the significance of not overpaying for stocks, his admiration for Cathie Wood, and the lessons learned from a significant financial misstep. Tillinghast reflects on investing in 'adaptive companies' and his approach to diversification, revealing a staggering success with Monster Beverage. He emphasizes the importance of self-awareness in investing and offers insights for the next generation of fund managers.

Renowned investors including Guy Spier, Rob Arnott, Michael Mauboussin, Steve Romick, Joel Tillinghast, Cem Karsan, Bob Ellott, and Jerry Parker share their most important investing lessons. Topics covered include self-forgiveness, action, and diversification, the importance of knowledge and flexibility, avoiding natural investing mistakes, analyzing the truth and geopolitics, investing in real opportunities, thorough homework and independent research, the significance of rebalancing, finding your investing philosophy, understanding the importance of perspective, the importance of price confirmation and having an open mind, maximizing contributions to retirement accounts, and teaching children about investing.