Philip Arthur Fisher

Phil Fisher
Born	September 8, 1907(1907-09-08)
Died	March 11, 2004(2004-03-11) (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]

His son Kenneth L. Fisher also founded an investment firm. 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]}

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

See also

• Warren Buffett
• Kenneth L. Fisher
• Benjamin Graham
• Thomas Rowe Price, Jr.
• John Burr Williams
• Growth investing
• Wall Street

References

1. ^ ^{a b} http://news.morningstar.com/classroom2/course.asp?docId=145662&CN=COM&page=1
2. ^ http://www.new2shares.com.au/popup.php?name=fisher
3. ^ http://www.fool.com/investing/general/2004/04/15/thanks-philip-fisher.aspx

External links

• Fisher obituary by his son Kenneth L. Fisher at Forbes.com
• Fisher obituary at Fool.com
• Sayings on markets by Philip Fisher
• Learning from the Long Men, National Review Online

Persondata
Name	Fisher, Philip
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Short description
Date of birth	September 8, 1907
Place of birth
Date of death	March 11, 2004
Place of death