Widely respected and admired, Philip Fisher is among the most influential investors of all time. His investment philosophies, introduced almost forty years ago, are not only studied and applied by today's financiers and investors, but are also regarded by many as gospel. This book is invaluable reading and has been since it was first published in 1958. The updated paperback retains the investment wisdom of the original edition and includes the perspectives of the author's son Ken Fisher, an investment guru in his own right in an expanded preface and introduction. "I sought out Phil Fisher after reading his "Common Stocks and Uncommon Profits"...A thorough understanding of the business, obtained by using Phil's techniques...enables one to make intelligent investment commitments." - Warren Buffet.
Hailed by Forbes magazine as ""one of the seminal figures of modern investment thinking,"" and a ""giant"" by investment wizard Warren Buffett, Philip Fisher is one of the most influential investors of all time. Admired for his investment success, he is even more widely respected for his sound investment philosophies--philosophies that have withstood the test of almost forty years and that are regarded as gospel by the investors of today.
These principles and theories were introduced by Fisher in Common Stocks and Uncommon Profits. Initially published in 1958, it is today considered an invaluable reference for investment success. Now, for the first time, a new, single edition brings this timeless classic together with the investment wisdom and insight offered in Fisher's other acclaimed writings--Conservative Investors Sleep Well and Developing an Investment Philosophy.
Philip A. Fisher
Philip Arthur Fisher (September 8, 1907 – March 11, 2004) was an American stock investor best known as the author of Common Stocks and Uncommon Profits, a guide to investing that has remained in print ever since it was first published in 1958. Fisher studied business at Stanford University. His money management company, Fisher & Co., was founded in 1931.
Philip Fisher is considered a pioneer in the field of growth investing. Morningstar has called him "one of the great investors of all time". In Common Stocks and Uncommon Profits, Fisher said that the best time to sell a stock was "almost never". His most famous investment was his purchase of Motorola, a company he bought in 1955 when it was a radio manufacturer and held until his death.
His son Kenneth L. Fisher also founded an investment firm. Perhaps the best-known of Fisher's followers is Warren Buffett who has said on some occasions that "he is 85% Graham and 15% Fisher".