Philip Fisher (1907-2004), author of Common Stocks and Uncommon Profits, among many other books, began his investment career in 1931.
Like Ben Graham, he achieved impressive results over his lifetime, but Fisher did it with a markedly different approach.
Unlike Graham, who typically invested in statistically cheap "cigar-butts" (with the notable exception of GEICO), Fisher preferred to buy and hold the stocks of high-quality companies that could, "grow and grow and grow."
Like Ben Graham, he achieved impressive results over his lifetime, but Fisher did it with a markedly different approach.
Unlike Graham, who typically invested in statistically cheap "cigar-butts" (with the notable exception of GEICO), Fisher preferred to buy and hold the stocks of high-quality companies that could, "grow and grow and grow."
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