Philip A. Fisher Collected Works: Common Stocks and Uncommon Profits / Paths to Wealth through Common Stocks / Conservative Investors Sleep Well / Developing an Investment Philosophy

by Philip A. Fisher

A classic collection of titles from one of the most influential investors of all Philip A. Fisher Regarded as one of the pioneers of modern investment theory, Philip A. Fisher's investment principles are studied and used by contemporary finance professionals including Warren Buffett. Fisher was the first to consider a stock's worth in terms of potential growth instead of just price trends and absolute value. His principles espouse identifying long-term growth stocks and their emerging value as opposed to choosing short-term trades for initial profit. Now, for the first time ever, Philip Fisher Investment Classics brings together four classic titles, written by the man who is know as the "Father of Growth Investing."

Common Stocks and Uncommon Profits was the first investing book to reach the New York Times bestseller list. Outlining a 15-step process for identifying profitable stocks, it is one of the most influential investing books of all time Paths to Wealth Through Common Stocks, expands the innovative ideas in Fisher's highly regarded Common Stocks and Uncommon Profits, and explores how profits have been, and will continue to be made, through common stock ownership—asserting why this method can increase profits and reduce risk Also included is Conservative Investors Sleep Well and Developing an Investment Philosophy Designed with the serious investor in mind, Philip Fisher Investment Classics puts the insights of one of the greatest investment minds of our time at your fingertips.

Genres: Finance, Business, Money, Nonfiction

806 pages, Kindle Edition

First published May 29, 2012

About the author

Philip Arthur Fisher 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.

His career began in 1928 when he dropped out of the newly created Stanford Graduate School of Business (later he would return to be one of only three people ever to teach the investment course) to work as a securities analyst with the Anglo-London Bank in San Francisco.

Fisher's famous "Fifteen Points to Look for in a Common Stock" from "Common Stocks and Uncommon Profits" are a qualitative guide to finding well managed companies with growth prospects.

Reviews

[Harrsh Ankola · Rating 5 out of 5]

This book is EPIC. Details a lot about "Growth Investing", though it tilts a bit towards value investing a bit, but focus is on finding great company at fair price. Appendix summarizes the essence of this book but its worthwhile to go through chapters and internalize its topic to be a proper investor.

[Marty Lau · Rating 5 out of 5]

Warren Buffett also credited Philip A. Fisher with the idea of buying growth stocks on the cheap when they had temporary setbacks on the long term growth trajectory because humans, the market are short term oriented as in human nature to be with the current fads, trends, memes, zeitgeist which allows him and other long term focused players to exploit this information, valuation gap.

[Laurel Cull · Rating 3 out of 5]

It is a good book with the current commentary. It is a little difficult to read at points because the style of writing was different in the 50's and the 70's when the books were originally written. But it is interesting to see the parallels between the boom of the 50's and early 60's and the bust of the 70's to more recent financial history.