[Legendary Stock Picker Will Danoff to Retire After Achieving 10,500% Returns Managing Fidelity Contrafund] Reported by Golden Finance, Will Danoff, the world's most prolific solo stock picker who has managed Fidelity Contrafund for over 30 years and delivered stellar returns, will retire at the end of this year. The leadership of Contrafund will be handed over from Danoff to Fidelity veterans Jason Weiner and Asher Anolic, who were appointed as co-fund managers last year. Danoff's departure marks the end of an era for Boston-based Fidelity. Fidelity has avoided publicly addressing what arrangements will follow Danoff's decision to step down. Danoff, who studied under Fidelity's legendary stock picker Peter Lynch, joined Fidelity in 1986 and took over Contrafund as its sole fund manager in 1990. Since then, the fund has achieved approximately 10,500% returns, more than double the S&P 500 Index, with assets under management reaching about $176 billion by the end of 2025.