Joel Tillinghast on Fidelity Investments

Career Start

Joel Tillinghast's journey in finance began with a series of unexpected opportunities. Despite initial rejections from business schools, he found his footing at the Value Line Investment Survey, where his analytical skills were honed. His early investment lessons were influenced by his grandfather's stock portfolio, which sparked his interest in financial patterns and long-term investments.

I bought two shares of Beckmann instruments and central manpower... and the Glaxo shares now have a dividend that's a multiple of the original purchase cost many years ago.

--- Joel Tillinghast

These formative experiences laid the groundwork for his future success in the industry 1 2.

   

Fidelity Mentorship

At Fidelity, Joel's career was shaped by influential mentors and a culture of openness to ideas. His bold move to cold-call Peter Lynch led to a pivotal opportunity, where his analytical skills and potential for growth were recognized. Mentors like Richard Sandor and Bruce Johnstone played significant roles in his development, each offering unique insights into investment strategies.

Peter Lynch is famous for the two minute drill where he'll listen to any idea for two minutes.

--- Joel Tillinghast

Joel's reading habits, including works like "Thinking, Fast and Slow," further enriched his approach to fund management 3 4.