Itemize Books During Common Stocks and Uncommon Profits and Other Writings
| Original Title: | Common Stocks and Uncommon Profits and Other Writings |
| ISBN: | 0471445509 (ISBN13: 9780471445500) |
| Edition Language: |
Philip A. Fisher
Paperback | Pages: 292 pages Rating: 4.13 | 9898 Users | 258 Reviews
Describe Out Of Books Common Stocks and Uncommon Profits and Other Writings
| Title | : | Common Stocks and Uncommon Profits and Other Writings |
| Author | : | Philip A. Fisher |
| Book Format | : | Paperback |
| Book Edition | : | Anniversary Edition |
| Pages | : | Pages: 292 pages |
| Published | : | August 29th 2003 by Wiley (first published November 30th 1957) |
| Categories | : | Economics. Finance. Business. Nonfiction. Currency. Money |
Chronicle Supposing Books Common Stocks and Uncommon Profits and Other Writings
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 BuffetRating Out Of Books Common Stocks and Uncommon Profits and Other Writings
Ratings: 4.13 From 9898 Users | 258 ReviewsAppraise Out Of Books Common Stocks and Uncommon Profits and Other Writings
When I first discovered my interest in investing, Common Stocks and Uncommon Profits is one of the first books I read. I remember being enthralled by the notion of taking what seemed incomprehensible and boiling it down to a simple decision--invest or not. Fisher's approach requires common sense and conviction, but most importantly, is repeatable.There are many awful "investing" books out there that seize on people's need to be cutting edge and innovative. Well, not everything changes everyNot giving Phil Fisher 5-stars is a bit like saying "Renoir sux". Probably reflects more on me than on the author or book. Still, of the many investment books, this left me least comprehending how to develop confidence in a growth-type company, nor did it delve into non-profitable growth.One of the most valuable notions may be just that such companies exist -- and make for very rewarding investments.That said, BYD is likely a "Fisher" company.
read only the summarythink long termignore mr marketresearch your companies welllook to buy when there's a temporary drop in the stock priceTo be a successful investor, you have to be willing to dig. A companys true value is based on so much more than its stock price alone! If youre willing to put in the detective work, you stand to reap great rewards no matter whether youre a conservative investor or a high-risk one.
Quick read and informative. Very interesting writing on the way successful companies work in the 1950's (not massively different to today). Touch of the Horatio Alger to stretches of the prose. Fisher basically says he gets all his information from his stockbroking pals which is bad news for any newbies and once sorta tells you to just go to an investment advisor instead of trying it yourself. His focus on information gather correlates with my experience of how difficult it is to find out about
Buy great companies which you never plan to sell. That's the basic concept. The book focuses on and makes some excellent points on the qualitative side of security analysis. It's also a very easy read as quantitive standards aren't really discussed. I will definitely re-read it.
If Graham is the king of quantitative analysis, then Fisher is the king of qualitative analysis of stocks. Read this book if your aim is to gain several thousand % in the long term by concentrating on few outstanding firms with excellent management. (For example, one could have gained more than 9000% by investing in GRUH Finance ( a subsidiary of HDFC) when it was a small firm in early 2000s) The book will help you to find future blue chips. Fisher's investing philosophy is focused on investing
This book challenged me given its emphasis on growth investing and the scuttlebutt approach. I think I struggled with it because I prefer the simplicity and inherent beauty of the value investing methodology. I invest by identifying undervalued assets, analyzing measures of profitability, liquidity, solvency, and cash flow. I parse the balance sheet in particular and income statement and cash flow statement to a lesser extent. Phil Fisher recommends an alternative approach. He prefers to
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