Subject: Joel Tillinghast
Retiring at the end of the year. Never drew a lot of attention. Suspect he never wanted it.

"There isn't a Hall of Fame for mutual fund managers. But if there was, Joel Tillinghast would be getting buzz as a first-ballot inductee.

Since his fund, Fidelity Low-Priced Stock, launched in December 1989, investors have enjoyed an annualized total return of about 13%. That smashes the roughly 9% turned in by the fund's benchmark Russell 2000 index, which tracks the performance of small-company stocks, and is well ahead of the S&P 500 index's just over 10% return over the same period.

The difference in performance is bigger than it seems. Had you invested $1,000 in Low-Priced Stock on Tillinghast's first day, you'd currently have more than $57,000, according to data provided by Morningstar Direct. The same investment in an S&P 500 index fund would be worth about $25,000."

https://www.cnbc.com/2023/08/2...

"I have been investing for over fifty years and have had the pleasure of working with and meeting some of the greatest minds in investing, from Mario Gabelli and Sir John Templeton to Warren Buffett and Will Danoff. Simply put, Joel is up there with all of them. I can say this with a great deal of confidence, not only because I've known Joel for over thirty years but also because I hired him at Fidelity.'

- Peter Lynch