Edward Johnson III

...

I was hired to work in the chart room by Ned Johnson himself.

Like, you know, if you're a PM, fine, you go through the thing.

But if you're working in his chart room, he, he, he vetoes wh- whoever comes through.

So my last out of, like, 12 interviews back in 1990, early '95, was with Ned Johnson, and we just talked about the markets, and it was, like, the most amazing experience ever.

But I would...

So a lot of those charts, uh, I, I created, um, and, you know, we were always on-

So it's, you can't play the m- mean reversion game other than the valuation side.

And the opportunity came up at Forum, which was a company owned by the founders of Fidelity with their family, so nothing to do with the public-facing Fidelity.

And Ned Johnson, who was at that time the CEO and chairman of Fidelity, had wanted to build a pharmaceutical company to address Alzheimer's disease.

So one of the products was not a disease modifier, but a cognitive therapy for Alzheimer's disease and schizophrenia.

And his vision was not only to bring that forward on behalf of the patients, but to build a company in a different way.

I was it.

So, you know, but it's one of the things with Ned Johnson, they gave you opportunity three into the fire and let's see what you got.

The fire right now is AI you are scathing our listeners and viewers that own this stuff in their retirement plans at fidelity everywhere else as well.

What should be their action into the autumn?

So, you know.

But, uh, uh, as with most things with Ned Johnson, they gave you opportunity, threw you into the fire and it was "Let- let's see what you got." And-

The fire right now is AI.

You are scathing.