PF
Philip Fisher
1 quotesPhilip Arthur Fisher • 1907 - 2004
Fisher & Company
Growth Investing Pioneer
Investment Philosophy
"Buy and hold outstanding companies with superior management and growth potential"
Biography
Philip Fisher pioneered growth stock investing and influenced Warren Buffett's evolution beyond pure value investing. His 'scuttlebutt' method of researching companies through suppliers, customers, and competitors became a standard practice. Fisher believed in concentrating portfolios in a few outstanding companies and holding them for decades. His book 'Common Stocks and Uncommon Profits' remains a classic, with Buffett crediting Fisher for 15% of his investment philosophy.
Key Achievements
- •Held Motorola for 21 years with massive gains
- •Influenced Warren Buffett's quality-focused approach
- •Pioneered qualitative analysis of management
- •Managed money successfully for over 70 years
Notable Books
- 📚Common Stocks and Uncommon Profits (1958)
- 📚Paths to Wealth Through Common Stocks
- 📚Conservative Investors Sleep Well
Known For
Scuttlebutt method15 points to look for in a stockGrowth investingLong-term holding
Quotes by Philip Fisher(1)
"The stock market is filled with individuals who know the price of everything, but the value of nothing."
Category: Value Investing