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
Preface What I Learned from My Father’s Writings xi
Kenneth L. Fisher
Introduction 1
Kenneth L. Fisher
Part One Common Stocks and Uncommon Profits
Preface 31
1. Clues from the Past 34
2. What “Scuttlebutt” Can Do 44
3. What to Buy: The Fifteen Points to Look for in a Common Stock 47
4. What to Buy: Applying This to Your Own Needs 79
5. When to Buy 89
6. When to Sell: And When Not To 105
7. The Hullabaloo about Dividends 114
8. Five Don’ts for Investors 123
9. Five More Don’ts for Investors 135
10. How I Go about Finding a Growth Stock 162
11. Summary and Conclusion 172
Part Two Conservative Investors Sleep Well
Epigraph 176
Introducl#Ñ