Chuck Jaffe: Rough sailing ahead for Magellan fund - SailNet Community

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Chuck Jaffe: Rough sailing ahead for Magellan fund
by NewsReader 09-16-2011

Sticking with the Fidelity Magellan fund — which at $17 billion is just a shell of the $110 billion it had about a decade ago — would be the Stupid Investment of the Week, as the fund has become the poster child for “fallen angel” funds and why investors should not expect them to regain their wings.

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