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Oct 28, 2019 · Of the many lessons to be gleaned from Jeffrey Vinik’s decades-long career as a stock-picking virtuoso, the most important came last Wednesday: Know when to pack it in. The billionaire founder of...
- Richard Teitelbaum
After leaving Fidelity, he started hedge fund Vinik Asset Management, with partners including Michael Gordon (now President of Fenway Sports Group). He made investors 93.8% in his first 11 months and approximately 50% a year for the next three years.
Nov 8, 2016 · Ten years ago, Jeff Vinik retired from Fidelity Investments after managing its high profile Magellan Fund. Worth an estimated half a billion, it’s safe to say Vinik can live wherever he...
Aug 14, 2024 · Vinik, 65, purchased the Lightning after making a fortune operating his own hedge funds and managing Fidelity's flagship Magellan Fund. His net worth is estimated at more than $600 million. He remains a part-owner of baseball’s Boston Red Sox.
- Rick Mayer
Oct 18, 2018 · Jeff Vinik, the owner of the Tampa Bay Lightning and former manager of Fidelity Magellan fund, is known for his outsized bets as an investor. His latest one: silk. Vinik, 59, led an...
Jan 10, 2019 · Vinik, who once ran Fidelity's Magellan mutual fund and then oversaw $10 billion at his own hedge fund, is starting for a third time, he told Reuters on Thursday.
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Oct 24, 2019 · Institutional investors have lost their appetite for stockpickers after years of poor performance, according to the former Fidelity Investments star Jeff Vinik, who announced the closure of...
