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A review by clay1st
Common Stocks and Uncommon Profits and Other Writings by Philip A. Fisher
3.0
This short book is the reflective musings of a successful institutional investor. Basically he advises quality over quantity in stock picks, using research (fundamental analysis + assessment of the management of the company) then holding these picks long term.
It's a very simple model to understand. Less simple to implement. The book is light on the details of the fundamental analysis stage and assessment of a company's management obviously not possible unless you're a large institutional investor.
The advice is also mostly given on authority, presumably from personal experience, with little reference to research. That said, most of what is said is quite self-evident also.
To the author's credit, at least it is concise.
It's a very simple model to understand. Less simple to implement. The book is light on the details of the fundamental analysis stage and assessment of a company's management obviously not possible unless you're a large institutional investor.
The advice is also mostly given on authority, presumably from personal experience, with little reference to research. That said, most of what is said is quite self-evident also.
To the author's credit, at least it is concise.