In 1994, one of the world’s most significant mutual funds, Fidelity’s Magellan Fund, announced a whopping $4.32 billion distribution to shareholders. It was news that sent investors into celebration—until it was revealed that the payout was based on a simple...
![Reputation Management: Lessons from Fidelity’s $4.32B Spreadsheet Error](https://www.prosperspark.com/wp-content/uploads/Fidelity-1080x675.png)