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Will Danoff, the portfolio manager who managed the Fidelity Contrafund for the past 35 years, has consistently beaten the stock market.

Major stock indexes pulled back Friday after President Donald Trump nominated Kevin Warsh to succeed Jerome Powell as Federal Reserve Chair. Meanwhile, precious metals sold off as traders locked in gains.

Fund manager Will Danoff has been at the helm for 30 years, and the Contrafund has delivered a 10-year average return of +15.52%.