File Size: 1319 KB
Print Length: 752 pages
Publisher: Wiley; 1 edition (May 29, 2012)
Publication Date: May 29, 2012
Sold by: Digital Services LLC
Language: English
ASIN: B008847LKW
Text-to-Speech: Enabled
X-Ray: Not Enabled
Word Wise: Enabled
Lending: Not Enabled
Enhanced Typesetting: Not Enabled
Best Sellers Rank: #329,838 Paid in Kindle Store (See Top 100 Paid in Kindle Store) #130 in Kindle Store > Kindle eBooks > Business & Money > Industries > E-commerce > Online Trading #191 in Books > Business & Money > Investing > Online Trading #779 in Kindle Store > Kindle eBooks > Business & Money > Finance
I was at the 2012 Berkshire Hathaway annual meeting when one of the attendees asked Warren Buffett which books were most instrumental in forming his investment philosophy. Mr. Buffett mentioned two books. The first, "The Intelligent Investor" was no surprise, as Mr. Buffett often cites this book, written by his mentor Benjamin Graham. The second book Mr. Buffett mentioned was "Common Stocks and Uncommon Profits" by Phil Fisher. Whereas "The Intelligent Investor" is about identifying value stocks, this book is about identifying growth stocksTo a large degree, Mr. Fisher expands on what he calls the "scuttlebutt" approach to investing, which is another way of emphasizing the importance of doing your own due diligence by talking to customers, suppliers, vendors, etc. He explains the importance of this approach when investing in technology. Even though Mr. Buffett typically eschews technology investments, it appears the principles espoused by Mr. Fisher are relevant for other industries as well.The foreword of the book, written by Mr. Fisher's son, is especially interesting. His son explains that Phil Fisher, one of the greatest investors ever, likely suffered with Asperger's syndrome, which, to some degree, enabled him to achieve the successes that he did. When you read the book, which you should, by all means don't skip the foreword.Finally, unless you take detailed notes as you read (which I did), this is likely the type of book that you'll want to read over and over, as there is so much packed into a relatively short book.
The price is high for an ebook but the wisdom is well worth it. I think Fisher's approach is a bit challenging for most investors to implement safely but a good "growth" strategy. Most investors would be safer with a Bogle, Buffett, or Graham approach.
This is a very in depth read. I really liked the insight of the author given by Ken Fisher.Given my deep interest in investing I choose this type of book over many others but ifyou're a beginner investor it may be long and dry in detail. If that's the case start with PeterLynch or Jim Cramer. Fascinating that he recommended Dow Chemical in 1956, and stillis an excellent company to invest in today.
I met Mr Fisher years ago. He impressed me with his unassuming nature. How many super successful guys would take time to talk to a kid? Live in a modest house? Drive an average car? Over the years I realized he was one of the great investors of all time. His good sense approach is simple: buy companies that have value.
This book is a collection of books that were written in the 1950s-60s. It may still work if you are a intelligent person, but things have changed through the years. But please don't think that this book is no use for investors, there are still useful things in there!
Graham + Fisher + Bogle = Holy Trinity of investment finance. You'll learn everything you need to know to be a smart and educated investor between the three of them.
Philip was an original and his work is something to follow. I do find his son Ken's input nothing but a cry for attention and an irritating distraction. His dad was a great investor and his legacy lives on. Ken was born on third base but acts like he hit the triple.
Fantastic book. Timeless lessons delivered (finally) on a digital platform.
Philip A. Fisher Collected Works, Foreword by Ken Fisher: Common Stocks and Uncommon Profits, Paths to Wealth through Common Stocks, Conservative Investors ... and Developing an Investment Philosophy Penny Stocks: A CherryTree Style Trading Book(penny stocks for beginners,penny stocks for beginners,penny stocks guide,penny stocks investors guide,penny stocks strategies,penny stocks trading) Penny Stocks: Investors Guide Made Simple - How to Find, Buy, Maximize Profits, and Minimize Losses with Penny Stock Trading (Penny Stocks, Penny Stocks ... Trading, Penny Stock Trading For Beginners) Common Stocks and Uncommon Profits and Other Writings Common Stocks and Uncommon Profits Philip Hall Likes Me. I Reckon Maybe. (The Philip Hall Trilogy Book 1) Index Funds: Index Funds Investing Guide To Wealth Building Through Index Funds Investing With Index Funds Investing Strategies For Building Wealth Including ... Guide To Wealth Building With Index Funds) Fisher-Price Little People: Let's Imagine at School! (Fisher Price Lift the Flap) Penny Stocks: Powerful Beginners Guide To Dominate Stocks (Trading,Stock Market, Day Trading, Penny Stocks) Penny Stocks:Powerful Strategies To Dominate Stocks (Penny Stocks,Stock Market,Day Trading) Stocks: The Warren Buffet Way: Secrets On Creating Wealth And Retiring Early From The Greatest Investor Of All Time (Stocks, Trading, Warren Buffet, Millions Billions) Investing: Stocks, Options, Gold & Silver - Your Path to Wealth in a Bull or Bear Stock Market (Financial Crisis, Forex, Passive Income, Mutual Funds, Day Trading, Dividends, Penny Stocks) Thrifit Store Profits: 10 Common Items That Sell For Huge Profit On Ebay and (Thrift Store Profits) The Collected Works of Billy Graham: Three Bestselling Works Complete in One Volume (Angels, How to Be Born Again, and The Holy Spirit) A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan (Bloomberg) Wheelbarrow Profits: How to Create Passive Income, Build Wealth, and Take Control of Your Destiny Through Multifamily Real Estate Investing The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors (Paperback)) Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss The New Frontier Investors: How Pension Funds, Sovereign Funds, and Endowments are Changing the Business of Investment Management and Long-Term Investing Starting and Running a Profitable Investment Club: The Official Guide from The National Association of Investors Corporation Revised and Updated