By Bibhu Pattnaik
Publication Date: 2025-11-16 20:37:00
Esteemed investor Peter Lynch has stated that he does not hold any artificial intelligence (AI) stocks, despite the sector’s recent surge. Lynch, who is well-known for his successful stint at the Fidelity Magellan Fund during the 1980s, disclosed his views on a podcast.
Last month, Lynch confessed during his appearance on “The Compound and Friends” podcast that his portfolio does not include any AI stocks.
“I have zero AI stocks. I literally couldn’t pronounce Nvidia until about eight months ago,” he said during the conversation.
Lynch, who managed an average annual return of 29.2% during his 13-year tenure at Magellan, has been watching the AI surge from the periphery. He refrained from discussing his current portfolio or his preferred stocks, citing Fidelity’s rules.
When questioned if investors have over-pursued the AI trade, Lynch responded that he had “no idea.” He underscored the significance of comprehending the companies one invests in, a concept he fervently promotes in his book “One Up on Wall Street.”
Also Read: Peter Lynch’s Investing Tip: If an 11-Year-Old Doesn’t Get It, Maybe You Don’t Either
He also admitted to having a limited understanding of technology, describing himself as the lowest tech guy. “I’m the lowest tech guy ever. I can’t do anything with computers. I just have yellow pads,” he said.
Lynch offered reassurance to employees worried about AI taking over their jobs, stating, “It’s a great country….
