Common Stocks and Uncommon Profits and Other Writings
Book Summary
By Philip A. Fisher
15 min
4.13 (1656 ratings)
Preview
Common Stocks and Uncommon Profits is a classic investment guide with a focus on conservative investments and long-term growth. Fisher explores not only how to maintain an investment portfolio, but how to choose the most promising stocks based on company management and potential. He insists on an individualized approach to managing and investing in the stock market and a ten-year minimum plan to see a return on investments. Fisher’s main take-away is that conservative investing is not as flashy as some other strategies, but will guarantee returns over your lifetime.
About the Author
Philip A Fisher was a famous stockbroker and the author of four books on investing: Paths to Wealth through Common Stocks, Conservative Investors Sleep Well, Developing an Investment Philosophy, and Common Stocks and Uncommon Profits. He worked as an investment manager from 1931 to 1999 when he retired at age 91. Though he worked in the stock market long before the emergence of Silicon Valley, Fisher advocated for investing in mission-driven, smart start-up companies with innovative strategies for success. He died in 2004.