Philip Arthur Fisher
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Philip Arthur Fisher (September 8, 1907 – March 11, 2004) was a stock investor best known as the author of Common Stocks and Uncommon Profits (ISBN 0-471-11927-X), a guide to investing that has remained in print ever since it was first published in 1958. 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".[3] In Common Stocks and Uncommon Profits, Fisher said that the best time to sell a stock was "almost never". His most famous investment[citation needed] was his purchase of Motorola, a company he bought in 1955 when it was a radio manufacturer and held until his death.
His son Kenneth L. Fisher also founded an investment firm. Perhaps the best-known of Fisher's followers is Warren Buffett who has said in some occasions that his investment view is a 15% Philip Fisher and 85% Benjamin Graham.
[edit] Books by Philip A. Fisher
- Common Stocks and Uncommon Profits, Harper & Bros., 1958
- Conservative Investors Sleep Well, Harper & Row, 1975
- Developing an Investment Philosophy (Monograph), The Financial Analysts Research Foundation, 1980
