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Who is the most successful investment manager in Britain? Arguments could rage forever, but no professional would dispute that
Anthony Bolton of Fidelity is among the very best. £1,000 invested in his Special Situations fund at its launch in 1979 was worth
more than £125,000 twenty seven years later. No other mainstream UK fund manager has put together such a consistently
impressive performance over such a long period.
The 125-fold increase represents an average compound growth rate of more than 20% per annum, or 7% per annum greater than
the FTSE All-Share Index over the same period.This track record of sustained outperformance stands comparison with that of the
greatest American investment superstars such asWarren Buffett and Peter Lynch. For many years, until the fund was voluntarily
split in 2006, Fidelity Special Situations was easily the largest and most popular fund in the UK.
What are the secrets of Anthony Bolton’s success? This important book, now fully revised and updated, takes an in-depth look at
the way that Bolton goes about his business and analyses in detail the fund's outstanding performance. Anthony Bolton gives his
own personal account of the history of the fund, explains why he believes his contrarian stockpicking methods have worked so
well for so long and summarises the lessons he has learnt from his long and succesful career.This book is required reading for
anyone with a personal or professional interest in investment.
Written jointly by Anthony Bolton and one of the UK's best known financial authors, a leading authority on the fund management
business.
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Biting the hand that feeds IT 
Published by: HARRIMAN HOUSE