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Joel Tillinghast: The Art of Investing

The legendary Fidelity manager discusses his biggest investing mistake, the implications of AI for portfolio management, and how private equity affects investors in public securities. ....

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You May Already Own Meme Stocks Like GameStop Without Buying Any Stock

You May Already Own Meme Stocks Like GameStop Without Buying Any Stock
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Fidelity Veteran Wins 'Outstanding Portfolio Manager' Award Despite Dumping GameStop Stake

Fidelity Veteran Wins 'Outstanding Portfolio Manager' Award Despite Dumping GameStop Stake
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Fidelity cashes in most of GameStop stake

Fidelity cashes in most of GameStop stake
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GameStop soared almost eightfold in the last week of January as retail investors spurred on by Reddit forums and Discord chats piled into the stock, causing pain for professional hedge funds who had shorted the video game retailer’s shares.
(REUTERS)
. Updated: 11 Feb 2021, 01:34 PM IST The Wall Street Journal
Firm sold nearly all positions in GameStop last month, ending run as volatile stock’s largest shareholder
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Fidelity Investments sold nearly all of its positions in GameStop Corp. last month, just as shares of the videogame retailer were surging. ....

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