Common Stocks and Uncommon Profits and Other Writings
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I need to get this out of the way. This is easily one of the best books I have read on investing big surprise, given that this is one of the classics. Here we go. In the very first chapter, he talks about the era before , when federal Reserve was established—the era when the business cycle was even more pronounced, and stock market gyrated even more. On the other hand, it is vastly more difficult to understand what the market or the business cycle will do in the next few months. This is why one should not be selling a position in anticipation of market downturns.
The Invention of Scuttlebutt
Why long-term holdings in common stock can generate substantial returns,. Investors in common stocks should focus on long-term returns and not try to buy low and sell high.
You are currently using the site but have requested a page in the site. Would you like to change to the site? Philip A. Fisher , Kenneth L. Fisher Introduction. A thorough understanding of the business, obtained by using Phil's techniques He is known as one of the pioneers of modern investment theory.