Betting on the Market

For fourteen years, Wall Street has produced record gains and has been embraced by America as the place where hopes and dreams can be realized -- but does America understand the nature of the risk? Since the beginning of the 1980s, close to half the nation has invested in the stock market directly or through mutual funds, which now hold three trillion dollars of the American public's money. Frontline traces the seduction of an entire generation of Americans into the stock market and looks at its implications for the nation. The program follows Garrett Van Wagoner, one of the nation's hottest mutual fund managers, and tells the story of Peter Lynch, celebrated manager of Fidelity's Magellan Fund.

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S1997E02 - Six O'Clock News