Bloomberg Surveillance · Friday, July 10, 2026
George Noble commends Abby Johnson's leadership at Fidelity, describing her tenure as "outstanding" and the company's growth from $8 billion under management to $18 trillion as remarkable. He contrasts the current success with Fidelity's more modest beginnings in 1981.
“It really has been outstanding. You know it. Pail is a wonderful company, is I think it was Garrett Morrison Saturday Night Live. You used to say Fidelity bad any Betty good to me? It's extremely well run company. Ned was fantastic. She's done a fantastic job as well.”
“When I joined FIDELI you're gonna laugh. Last thing. I'll say they had eight billion under management. I think only three billion inequities. Fidelity, believe it or not, only hired two people a year back in nineteen eighty one. They came through the seventies, they lost money, some years, they had layoffs, and now they're eighteen trillion.”