Philip A. Fisher (1907–2004)
Auteur de Common Stocks and Uncommon Profits and Other Writings
A propos de l'auteur
Philip A. Fisher began his career as a securities analyst in 1928 and founded Fisher & Company, an investment counseling business, in 1931. He is known as one of the pioneers of modern investment theory
Œuvres de Philip A. Fisher
The Fisher genealogy : record of the descendants of Joshua, Anthony and Cornelius Fisher of Dedham, Mass., 1636-1640 3 exemplaires
Acciones ordinarias y beneficios extraordinarios: o los inversores conservadores duermen bien (Spanish Edition) (2009) 2 exemplaires
Étiqueté
Partage des connaissances
- Autres noms
- Philip Arthur Fisher
- Date de naissance
- 1907-09-08
- Date de décès
- 2004-03-04
- Sexe
- male
- Nationalité
- USA
- Études
- Stanford University
- Professions
- investor
- Relations
- Fisher, Kenneth L. (son)
- Organisations
- Fisher & Company
Membres
Critiques
Prix et récompenses
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Statistiques
- Œuvres
- 8
- Membres
- 807
- Popularité
- #31,609
- Évaluation
- 3.8
- Critiques
- 10
- ISBN
- 24
- Langues
- 3
The fundamental message: choose a few stocks, choose them wisely after much investigation and comparison, with all your research and evaluation aimed at owning great companies that will perform outstandingly for the long haul (at least 3 years, minimum; left open-ended so as to be "forever" elsewhere; in one or two places put as "3 to 5 years".) And that's it.
That right there is the thesis of "growth investing." Which is usually take as one camp sort-of-in-opposition to "value investing." But I have a strong feeling Fisher would argue that true growth investing is (future) value investing.
If I had to pick/summarize his negative thesis, it would be, "Be an investor; don't be a trader."
Also, interesting comments in the last 1/3 (and particularly in the last section, which is actually titled "Is The Market Efficient?") on his (very dim) view of Efficient Market Theory as it was coming into vogue but before its heyday.… (plus d'informations)