请输入您要查询的百科知识:

 

词条 Philip Arthur Fisher
释义

  1. Career

  2. Books by Philip A. Fisher

  3. See also

  4. References

  5. External links

{{Infobox person
| name = Phil Fisher
| image = Philip Arthur Fisher.jpg
| imagesize = 125px
| caption =
| birth_date = {{birth date|1907|9|8}}
| birth_place =
| death_date = {{death date and age|2004|3|11|1907|9|8}}
| death_place =
| nationality = American
| other_names =
| occupation = Stock investor

}}__NOTOC__

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.

Career

Philip Fisher's career began in 1928 when he dropped out of the newly created Stanford Graduate School of Business (later he would return to be one of only three people ever to teach the investment course)[1] to work as a securities analyst with the Anglo-London Bank in San Francisco. He switched to a stock exchange firm for a short time before starting his own money management company, Fisher & Co., founded in 1931.[2][3] He managed the company's affairs until his retirement in 1999 at the age of 91, and is reported to have made his clients extraordinary investment gains.[4]

Although he began some fifty years before the name Silicon Valley became known, he specialized in innovative companies driven by research and development. He practiced long-term investing, and strove to buy great companies at reasonable prices. He was a very private person, giving few interviews, and was very selective about the clients he took on. He was not well-known to the public until he published his first book in 1958.[5] At this point Fisher's popularity rose dramatically and propelled him to his now legendary status as a pioneer in the field of growth investing.[6] 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 was his purchase of Motorola, a company he bought in 1955 when it was a radio manufacturer, and held it until his death.[7] Phillip is remembered for using and proliferating the "scuttlebutt" or "grape vine" tool, in which he searched fastidiously for information about a company.[8] When you scuttlebutt, you make more informed decisions due a better basis for analysis and valuation.

In the 2018 Berkshire Hathaway annual shareholders meeting, Warren Buffett called Fisher's "Common stocks and uncommon profits" a "very very good book".[9] He further described how using Fisher's "scuttlebutt" technique continues to be a good way to investing, which is still used by Ted and Todd at Berkshire Hathaway. John Train described Warren Buffett as 85% influenced by Benjamin Graham and 15% by Philip Fisher.[10][11]

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

Books by Philip A. Fisher

  • 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
  • Common Stocks and Uncommon Profits, Harper & Brothers; Revised edition (December 1960)

See also

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

References

1. ^{{cite web|url=https://www.forbes.com/free_forbes/2004/0426/142.html|title=Philip A. Fisher, 1907-2004 - Forbes.com|website=www.forbes.com}}
2. ^{{cite web|url=http://www.investopedia.com/university/greatest/philipfisher.asp#ixzz1z8PSaozC|title=The Greatest Investors: Philip Fisher|date=1 December 2003|publisher=}}
3. ^{{cite web|url=http://news.morningstar.com/classroom2/course.asp?docId=145662&CN=COM&page=1|title=Great Investors: Philip Fisher|website=news.morningstar.com}}
4. ^{{cite web|url=http://www.investopedia.com/university/greatest/philipfisher.asp#ixzz1z8Q6uauu|title=The Greatest Investors: Philip Fisher|date=1 December 2003|publisher=}}
5. ^{{cite web|url=http://www.investopedia.com/university/greatest/philipfisher.asp#ixzz1z8SJpEji|title=The Greatest Investors: Philip Fisher|date=1 December 2003|publisher=}}
6. ^http://www.new2shares.com.au/popup.php?name=fisher
7. ^{{cite web|url=http://www.fool.com/investing/general/2004/04/15/thanks-philip-fisher.aspx|title=Thanks, Philip Fisher -- The Motley Fool|first=Bill|last=Mann|date=25 June 2017|publisher=}}
8. ^{{cite web|url=http://www.investopedia.com/university/greatest/philipfisher.asp|title=The Greatest Investors: Philip Fisher|date=1 December 2003|publisher=}}
9. ^{{cite web|title=Berkshire Hathaway annual meeting - afternoon session|url=https://buffett.cnbc.com/video/2018/05/05/afternoon-session--2018-berkshire-hathaway-annual-meeting.html|website=CNBC Warren Buffett archive|publisher=CNBC|accessdate=16 May 2018}}
10. ^{{cite news|last1=Towns|first1=Steven|title=John Train On Warren Buffett Being 85% Fisher, 15% Graham|url=https://www.valuewalk.com/2014/10/warren-buffett-85-fisher-15-graham/|accessdate=16 May 2018|publisher=Value walk|date=13 October 2014}}
11. ^{{cite web|last1=Griffin|first1=Tren|title=A Dozen Things I’ve Learned from Philip Fisher and Walter Schloss About Investing|url=https://25iq.com/2013/10/27/a-dozen-things-ive-learned-from-philip-fisher-and-walter-schloss-about-investing/|website=25iq|publisher=Tren Griffin|accessdate=16 May 2018}}

External links

  • [https://www.forbes.com/free_forbes/2004/0426/142.html Fisher obituary by his son Kenneth L. Fisher at Forbes.com]
  • Fisher obituary at Fool.com
  • Learning from the Long Men, National Review Online
{{Authority control}}{{DEFAULTSORT:Fisher, Philip}}

8 : 1907 births|2004 deaths|American finance and investment writers|American stock traders|American money managers|American financial analysts|American investors|American financiers

随便看

 

开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。

 

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间:2024/9/28 9:24:50