Philip Arthur Fisher
| Phil Fisher | |
|---|---|
 |
|
| Born | September 8, 1907 |
| Died | March 11, 2004 (aged 96) |
| Nationality | American |
| Occupation | Stock investor |
| Known for |  Common Stocks and Uncommon Profits (1958) |
Philip Arthur Fisher (September 8, 1907 – March 11, 2004) 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. Fisher studied business at Stanford University. His money management company, Fisher & Co., was founded in 1931.[1]
Philip Fisher is considered a pioneer in the field of growth investing.[2] Morningstar has called him "one of the great investors of all time".[1] In Common Stocks and Uncommon Profits, Fisher said that the best time to sell a stock was "almost never". His most famous investment was his purchase of Motorola, a company he bought in 1955 when it was a radio manufacturer and held until his death. [3]
Perhaps the best-known of Fisher's followers is Warren Buffett who has said on some occasions that "he is 85% Graham and 15% Fisher".[citation needed]
His son Kenneth L. Fisher also founded an investment firm.
[edit] Books by Philip A. Fisher
- Common Stocks and Uncommon Profits (ISBN 047111927X), Harper & Bros., 1958
- Paths to Wealth through Common Stocks, Prentice-Hall, Inc., 1960
- Conservative Investors Sleep Well, Harper & Row, 1975
- Developing an Investment Philosophy (Monograph), The Financial Analysts Research Foundation, 1980
[edit] See also
- Warren Buffett
- Kenneth L. Fisher
- Benjamin Graham
- Thomas Rowe Price, Jr.
- John Burr Williams
- Growth investing
- Wall Street
