Ordinary shares and extraordinary profits

Philip A. Fisher

Philip Fisher began his career as an insurance analyst in 1928 and three years later founded the Fisher & Company, an investment advisory firm that quickly became world famous. Thirty years later (1958), Fisher compiled his rich experience in this volume, which deserved great praise from day one. In this book, Fisher is at the root of his successful philosophy, which is based on lucid realism and a thorough and serene analysis of all the variables that can affect the market, which allow him to make the most secure decisions. The author addresses what points should be taken into account when evaluating a potential purchase, when to sell and when not to do it, what an investor should never do, how to grow securities or how to develop a sound and consistent investment philosophy that suits Any economic context. Warren Buffett states: "I am 15% Philip Fisher and 85% Benjamin Graham." Philip Fisher was one of the most respected and admired investors of all time. Considered one of the fathers of modern investment theory, he began his career as an insurance analyst in 1928 and, in 1931, founded Fisher & Company, an investment advisory firm. His philosophy, enunciated more than 50 years ago, remains a must study in all business schools and his writings have become the bible of investment. Fisher compiled his main contributions in this volume, which was widely praised when it was first published in English in 1958 and has not lost its apex of validity in the present context.